Beeple’s Twitter Account Hacked, Criminals Stole Php 3.7 Million Pesos Worth of ETH

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Now: Beeple says he now has control again of his Twitter account.

The Twitter account of digital artist Beeple, one of the well-known artists in the NFT (non-fungible token) space, was hacked today yesterday, May 22, as part of a phishing scam. The hacker posted the link to a phishing website to steal funds that appear to have stolen more than $70,000 in Ethereum (approximately ₱3,700,000).

Harry Denley, a security expert at cryptocurrency wallet MetaMask, stated that the link led to a fake website featuring a perpetrated collaboration with fashion brand, Louis Vuitton. Beeple first collaborated with the brand in 2019. The phishing link, if clicked, would steal users’ crypto by automatically draining Ethereum from their wallets.

According to the records, a total of $72,165.60 had been stolen by the address.

Beeple tweeted that his account was back to normal and “we have control now.” 

He also reminded that users; “Stay safe out there, anything too good to be true IS A FUCKING SCAM.”

Scams are common in the crypto world, especially via Twitter. Last March, a phishing scam hacked verified accounts to steal over $1 million in a fake ApeCoin airdrop. (Read more: Bored Ape Yacht Club Instagram and Discord Hacked, Several NFTs Already Stolen)

On April 17, a phishing attack also happened after hackers got access to a MetaMask user’s seed through their iCloud backup data, the hackers stole cryptocurrencies totaling $655K. (Read more: Hackers Steal $655K After Extracting MetaMask Seed From iCloud Backup)

Axie Infinity also experienced an exploit last March with a total of 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC) stolen. Later, the FBI reported that North Korean hacking group Lazarus is behind the attack on the Ronin Network. (Read more: Axie Infinity Ronin Network Hack)

Mike Winkelmann (aka Beeple) is a popular digital artist who helped propel NFTs into the mainstream. Last year, he sold an NFT artwork , Everydays: the First 5000 Days, for $69.3 million at Christie’s auction house, smashing records in the digital art world. 

His recent NFT collaboration is with pop icon Madonna in a NFT called Mother of Creation which consists of three one-minute videos to show for it. The Madonna x Beeple NFT collection will be auctioned off on NFT marketplace SuperRare.

This article is published on BitPinas: Beeple’s Twitter Account Hacked, Criminals Stole Php 3.7 Million Pesos Worth of ETH

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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