Cardano (ADA) Announced Crypto Twitter Hack

The other day, it’s been revealed that the crypto sphere was badly hit by a massive hack that took place on Twitter.

TechCrunch reported that a number of high-profile Twitter accounts have been simultaneously hacked by attackers.

The bad actors hacked some accounts that had even a few million followers in order to spread a crypto scam.

The compromised accounts included Apple, Elon Musk, Joe Biden, Binance, Coinbase, and more.

Twitter kept in touch with users and posted various messages to keep everyone updated about the ongoing investigation.

The Cardano Foundation also posted info about the incident.

Here’s their Twitter post below:

Cardano also made sure to tell users to report all suspicious activity that they see and also highlighted the following:

“- We will never give away ADA
– We will never contact you first (Officials/Ambassadors/Moderators
– We will never ask you to send your funds or ask for your private key
– We will never promise very big returns”

Cardano price prediciton

Apart from the hacks, Cardano’s ADA made headlines recently due to new price predictions.

Nik Patel – a popular analyst – explained in a recent blog post that he believes ADA could soon surge towards $0.20 in the near-term, as long as it can close above $0.14.


Companies Mentioned

Coinbase
Coinbase

Coinbase is a digital currency exchange headquartered in San Francisco, California.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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