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Tron says DAO X hack cost victims $45K, Curve Finance also hit

Coin Telegraph LogoCoin Telegraph13h ago

Tron says DAO X hack cost victims $45K, Curve Finance also hit - Coin Telegraph

Quick Summary:

We will never ask anyone for payments like this via DM or otherwise,” they said. The team said that based on the illicit contract address the hacker posted, the amount improperly solicited appeared to be around $45,000. Asked whether the same hacker could be responsible for the supposed New York Post’s X account hack on May 3, the Tron team told Cointelegraph that there “appear to be some similarities” between the two security incidents; however, they also cautioned that the investigation is ongoing and “any definitive connection would be premature.” After regaining access, Tron DAO said in a May 2 X update that they suspect the hack resulted from a team member being “targeted in a malicious social engineering attack, which led to their account being compromised.”Source: Tron DAO“Even after the perpetrator was logged out and our access restored, they continued contacting others, offering posts from our main account in exchange for payment,” Tron DAO said.

Curve Finance founder Michael Egorov confirmed in a reply to analyst CrediBULL Crypto that it was a bad actor posting sham links so far, “No other account appears to be hacked — the control over X account was just silently taken by someone.”Source: CrediBULL CryptoThe Curve Finance team has since regained access with the help of a team that included the cybersecurity group SEAL, and found that aside from posting scam links, the hacker also blocked some users who flagged the account takeover, including CrediBULL Crypto.

A hacker who took over the Tron DAO X account is estimated to have made around $45,000 in improperly solicited funds, according to a spokesperson from Tron. Speaking to Cointelegraph, the Tron public relations team confirmed that on May 2, the Tron DAO account posted a contract address and sent direct messages to solicit payments in exchange for promotional advertising on the Tron account.“Our security team quickly identified the intrusion and cut off access to the hacker, but we ask the community to continue to be vigilant.

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 04:14:21 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 653 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28427319

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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