ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The Bitcoin Heist: Twitter Holds Tweeps Hostage over $100,000 Stolen Bitcoin

Updated on July 18, 2020

Yesterday night you were probably wondering why some of your tweets weren`t going through momentarily. The Twitter support team was holding everyone`s tweets hostage as they investigated into one of the best bitcoin hacks of 2020. It was like on one of those bank robbery scenes “Everyone on your knees, with your phone-clutching hands on the back of your head till we find who stole that bitcoin. Tsk! Like it would be that easy to trace over 100,000 buck’s worth of virtual currency now orbiting one of the major rings of planet Saturn in a lonely bitcoin address. No don`t panic, the hackers did not compromise bitcoin wallets, your bitcoin is still safe if you never sent it to the hackers. This is how hackers stole over 100k dollars of bitcoin from unsuspecting tweeps.

Authoritative twitter accounts used for the bitcoin heist

Apparently, the extremely smart goon hidden in a lonely dark basement probably fighting off spiders and roaches from their computer screen took advantage of the innocent gullibility and desire of the masses. The hacker first compromised verified accounts of prominent billionaires on twitter. The likes of Kanye West, Bill Gates, Elon Musk, Jeff Bezos, Apple, and several other tech accounts, you know, the type that could convince you to send bitcoin and do it instantly.

The deal on the table was too sweet

When Elon Musk or Bezos tweets telling you to send bitcoins to his wallet and he will send double the amount back to you, that’s a pretty sweet deal. “Today, I want to give back to the community,” began the villain, “Send $1000 to my bitcoin address XXXX and I will send $2000 back to you, and so forth,” they continued. The situation was actually more pitiful than laughable, considering factors like the financial atmosphere during this damned pandemic and the seriousness of the prospective business beforehand. It is at such decisive moments in life when your primal desire for more, seduces you to jump over the cliff into the unknown. You may probably land on one foot with a bitcoin account worth double the amount you sent or break every bone in your body, scammed. Well, it’s at that moment that your logic should stand beside you and slap you hard back into your senses!

Who in the world would want to send you to double the amount that you gave them? Certainly not a billionaire! How the hell will they remain a billionaire? The hack was basically one of the oldest tricks in the book of scams. Okay, let’s be honest, we`ve all probably been conned and it is as painful as it is embarrassing. When someone so effortlessly takes your hard-earned cash, you feel like you will turn the whole world upside down looking for the culprit. What a shame. This is bitcoin Bob, and it was made chiefly to be anonymous. So, when sending bitcoin to some random address on the internet you are sending your money into thin air to finance a goon`s bad habits and indulgences.

How to avoid getting hacked in a digital error

Yes, that pun was intended, give me a medal. First, you should realize you are grown up and not stupid. Nobody wants to double your net worth overnight without you putting real effort. Someone asking for your money online to double it should raise many red flags in your mind. However, if it is a legit business transaction you should consider using an escrow service. Your goods or service will be delivered first before the other party can receive the funds you sent. Plus, you will have the chance to check the quality of the deliverables.

Secondly do not trust those “urgent” emails from your bank or cable company claiming your account has been compromised. They are mostly phishing links that are used to steal bank information as you log in through the link. Instead of panicking as you log into your account madly, keep calm and call your bank first. Lastly, avoid public WI-FI like you are avoiding direct contact during this COVID-19 pandemic. But let`s face it, we are still having sex. So much for social distancing. Anyway, public internet hotspots are dens for prying hackers waiting to steal your card information. As you observe social distancing stay cyber-safe.

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)