Some of the hackers, who cheat people and earn money always try to find ways to use the internet and social media platforms for their benefit. The earlier such hacks have been through online games, phishing, malware, smishing, insecure networks, physical security threats, etc. We all are aware of the very famous Ransom virus which affected a very large population. Over time, hackers change their ways to attack people and steal money.

The recent news is the twitter hack in the US of some billionaires. The Twitter accounts of Joe Biden, Elon Musk, Jeff Bezos, Kanye West were among the tens of high-profile accounts that were hijacked last night. These accounts were then used to spread bitcoin scams and fool people into donating money through a link. Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam. The official accounts of Barack Obama, Joe Biden, and Kanye West also requested donations in the cryptocurrency. “Everyone is asking me to give back,” a tweet from Mr. Gates’ account said. “You send $1,000, I send you back $2,000.”

“We’re looking into what other malicious activity they may have conducted or information they may have accessed and will share more here as we have it,” the company tweeted. Twitter said that once they became aware of what happened, they “immediately locked down” hacked accounts and removed the tweets sent on their behalf. Twitter also limited functionality for all verified accounts, including those that showed no evidence of being compromised, while they investigated the issue. “We have locked accounts that were compromised and will restore access to the original account owner only when we are certain we can do so securely,” Twitter said. “Internally, we’ve taken significant steps to limit access to internal systems and tools while our investigation is ongoing. More updates to come as our investigation continues.”

Twitter also acknowledged that the hacks were a coordinated social engineering attack by people who successfully “targeted some of our employees with access to internal systems and tools.” Screenshots of the panel being posted by users are being taken down as a violation of Twitter policies. “As per our rules, we’re taking action on any private, personal information shared in Tweets,” said a Twitter spokesperson.

Some leading cryptocurrency sites were also compromised on Wednesday. Cryptocurrency platforms like Coinbase and Gemini falsely “announced” they had partnered up with an organization called CryptoForHealth, through their Twitter accounts. They claimed that the organization was going to provide people with bitcoin as long as they sent some to an address first. Other prominent Twitter accounts that were hacked were that of President Barack Obama, Kim Kardashian West, Warren Buffett, Jeff Bezos, and Mike Bloomberg. Official accounts of Uber and Apple tweeted out a post that was a spam message. The spam message directed readers to invest bitcoin in the wallet address that was provided in the tweets and claimed that they would get double the money they spend.