TRON Blames Social Engineering Attack To Hacked X Account

Source Bitcoinist

TRON’s official X account was compromised on May 2, and the team has now confirmed that the attack was due to a social engineering attack. The hackers utilized the account to advertise a contract address and allegedly sent direct messages to users and followed suspicious accounts before TRON took back control.

As reported by TRON DAO, any direct message posted by its X account on May 2 must be disregarded. Users were also instructed to remove any direct message from the same day since this was included in the hacker’s plan to distribute malicious information and engage with unsuspecting users.

Attack Linked To Team Member’s Compromised Account

TRON DAO announced that the attack began with one of its team members becoming a victim of social engineering hack. After the hackers gained access to the team member’s account, they were then able to take control of the blockchain’s master X account. Even after the recovery of access by TRON, the attackers kept contacting others using the hijacked personal account.

TRON reported that it is currently examining the incident and has identified several X and Telegram addresses of the hackers. The team confirmed that law enforcement officials have been contacted and are now engaged with the case.

Dispute Between Sun And OKX Over Freeze Request

TRON founder Justin Sun requested that OKX freeze a wallet that was associated with the hack. In a deleted tweet, Sun stated that funds stolen in the hack had been transferred to the exchange and alleged that law enforcement had already sent a freeze notice to OKX’s official channel.

But OKX CEO Star Xu reacted in public, dismissing that the exchange had received any formal request. He claimed that the legal team of the company scanned all post-mail, including spam folders, and could not find anything.

Xu then challenged Sun to produce evidence by posting a screenshot of the request. This public exchange might have compelled Sun to delete his initial post.

TRON Pushes On With Kant Upgrade

In spite of the incident, TRON has been busy on the development front. The network recently rolled out a new version of its Kant mainnet upgrade. The update features a redesign of its contract event system and enhanced API and node performance. These improvements are anticipated to enhance the way the blockchain interacts with Ethereum and make it more secure and efficient in the background.

Though these changes likely won’t go unnoticed by general users, TRON explained that they’re key to long-term development. They said their aim is to enable larger-sized operations and the network to become more robust as a settlement framework.

Featured image from Advance Innovations, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
placeholder
Bitcoin 2025 Conference Day One: How Has the Crypto Market Shifted?  The Bitcoin 2025 Conference signals strong regulatory recognition of Bitcoin in the U.S., with growing speculation that the government may increase BTC holdings.
Author  TradingKey
20 hours ago
The Bitcoin 2025 Conference signals strong regulatory recognition of Bitcoin in the U.S., with growing speculation that the government may increase BTC holdings.
goTop
quote