• Robinhood’s verified Twitter account was allegedly hacked on Wednesday, Jan. 25th, 2023.
• The hacked tweet advertised a Binance Smart Chain token listed on the Pancakeswap decentralized exchange.
• Onchain analysis showed that the token only received a few thousand dollars in purchases before Robinhood removed the tweet.
On Wednesday afternoon, Jan. 25th, 2023, Twitter users were abuzz with news that the official Robinhood Twitter account had been hacked. The verified account, carrying a gold checkmark, had posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. It was quickly removed, but not before Twitter users had taken screenshots of the scam tweet.
Analysis of the blockchain data revealed that the token only received a few thousand dollars in purchases before the tweet was removed. As one Twitter user wrote, “Nobody is safe in this world.” Another user remarked, “It looks like Robinhood’s social media was hacked.”
Conor Grogan, an employee at Coinbase, commented on the situation as well. He tweeted about the scam, noting that it was a reminder that no one is immune to hacks.
A Robinhood spokesperson later released a statement about the incident, confirming that the account had indeed been hacked. They also stated that no customer data had been compromised, and that they were working to ensure it wouldn’t happen again. They also thanked the Twitter community for helping to identify the scam and alerting them to it.
The incident serves as a reminder that businesses and individuals should always be vigilant when it comes to their online security. It is important to use strong passwords and two-factor authentication whenever possible. Additionally, businesses should consider investing in cybersecurity solutions to protect their data.
Overall, the incident was a stark reminder that no one is immune to hacks. It is essential to have strong security measures in place to protect yourself and your data.
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