Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
Β© 2026 By Crypto Times. All Rights Reserved.
Market News

VeChain X Twitter Hacked Amidst Cryptocurrency Market Surge

The scammers fooled investors and VET supporters by promising a 2X profit margin on VET coins, by pretending to be a false airdrop.

Written By Jalpa Bhavsar
Published January 18, 2024 4:43 PM·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
VeChain X Hacked

Hackers target susceptible individuals, even as the cryptocurrency market shows signs of optimism amidst the ETF boom. Hackers broke into VeChain’s X (formerly Twitter) account recently and uploaded a phony giveaway message.

🚨 🚨 HACK ALERT 🚨🚨

Another day, another hack alert! @VechainOfficial X account has been compromised.

Vechain isn't doing any $VET giveaways.

🚫 𝗗𝗒 𝗑𝗒𝗧 π—¦π—˜π—‘π—— 𝗔𝗑𝗬 𝗙𝗨𝗑𝗗𝗦 𝗧𝗒 π—§π—›π—˜ π— π—˜π—‘π—§π—œπ—’π—‘π—˜π—— 𝗔𝗗𝗗π—₯π—˜π—¦π—¦!
🚫 𝗗𝗒 𝗑𝗒𝗧 π—–π—Ÿπ—œπ—–π—ž 𝗒𝗑 𝗔𝗑𝗬… pic.twitter.com/MO6H74MQ0X

— Harpie (@harpieio) January 18, 2024

According to recent VeChain developments, hackers gained access to the altcoin’s X handle and released a significant declaration. 

The scammers fooled investors and VET supporters by promising a 2X profit margin on VET coins, by pretending to be a false airdrop with players able to obtain between 200K and 10 million by transferring 100K and 5 million tokens to a certain wallet.

The airdrop tweet reads, β€œIn order to participate, you just need to send between 1,000,000 VET to 5,000,000 VET to the official contribution address, and you will receive back between 200,000 VET to 10,000,000 at the address you sent the tokens form.”

Investors Vigilant community members who saw the incident first hurried to alert others on the social media platform, which in turn sparked market volatility. . Nobody is aware of how many players have already been harmed as of yet.

We advise readers to stay informed on the latest developments and security concerns in the market and not send crypto to addresses that offer too good to be true returns.

Also Read: VeChain and BCG Partner to Drive Sustainability Through Blockchain Technology

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:Cryptocurrency
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

Crypto Market Live: LAB Token Collapses 85% to $2

Prediction Market Fight May Reach Supreme Court CFTC Chair Selig

Prediction Market Fight May Reach Supreme Court: CFTC Chair Selig

Anchorage Bets Big on AI Economy With New Banking Model

Anchorage Bets Big on AI Economy With New Banking Model

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Clarity Act on Fast Track Senator Moreno Sets July 4 Deadline

Clarity Act on Fast Track? Senator Moreno Sets July 4 Deadline

Find Us on Socials

You may also like

Crypto Market Today Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Crypto Market Today: Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

$MOTHER Token Fallout: Iggy Azalea Hit With Lawsuit

$MOTHER Token Fallout: Iggy Azalea Hit With Lawsuit

Securitize Bets Big on Tokenized Stocks With Solana Push

Securitize Bets Big on Tokenized Stocks With Solana Push

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

Β© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information