Twitter Inc shares dropped more than four per cent in pre-market trading on Thursday, a day after hackers gained access to the social media company's internal systems to hijack accounts of several politicians, billionaires, celebrities and companies.
Apple, Barack Obama, Bill Gates, Binance, Bitcoin, CashApp, Charlee Lee, Coinbase, Coindesk, CZ_Binance, Elon Musk, Gate.io, Gemini, Jeff Bezos, Joe Biden, Justin Sun, Kim Kardashian-West, Kucoin, Mike Bloomberg, MrBeast (YouTuber), Tron, Warren Buffet, Wendy's, Wiz Khalifa, and Uber.
While Twitter's investigation is still ongoing, some experts believe that the hackers had access to the platform's internal infrastructure "It is highly likely that the attackers were able to hack into the back end or service layer of the Twitter application", said Michael Borohovski, director of software engineering at security company Synopsys. We're looking into what other malicious activity they may have conducted or information they may have accessed and will share more here as we have it.
With highly acclaimed twitter accounts like former U.S. president Barack Obama, Elon Musk, Bill Gates etc. compromised, all eyes are turning towards Bitcoin and cryptocurrency.
On the official account of Mr Musk, the Tesla and SpaceX chief appeared to offer to double any Bitcoin payment sent to the address of his digital wallet "for the next hour". "Most functionality has been restored but we may take further actions and will update you if we do", Twitters said added. We are investigating and taking steps to fix it.
Twitter support said it would only restore access to compromised accounts when the company is certain it can be done securely.
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He was elected Seoul mayor in 2011, upsetting his conservative opponent as an independent candidate backed by opposition liberals. A memorial altar will be set up in front of the City Hall in central Seoul Friday afternoon to allow citizens to mourn his death.
"Could have easily sold this access for millions", David Kennedy, the creator of two large-scale cybersecurity firms, wrote on Twitter.
In a statement, Twitter stated, users "may be unable to tweet or reset your password while we review and address this incident".
The Israeli embassy in London told the BBC: "The tweet in question was not tweeted from the official account of the prime minister".
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According to the sources cited by the outlet, the Twitter insider was paid to "literally" do "all the work" for the hackers. "All Bitcoin sent to our address below will be sent back to you doubled!"
In the hours after the initial breach, some of the platform's biggest users appeared to be struggling to re-establish control of their accounts. The company has fallen victim to attacks from insiders before, including in a case a year ago when the Justice Department charged two former Twitter employees with spying for Saudi Arabia by accessing company information about dissidents' accounts.