Crypto Twitter Hack Recap: A ‘Wake Up Call’ for Centralized Platforms

July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping unwary users into a giveaway hoax.

The event grabbed media attention, as some of the world’s most notable companies, politicians and business leaders had their accounts compromised before sharing similar messages touting a Bitcoin (BTC) giveaway that required users to send coins to an address before receiving double that amount back.

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