Social media hacking has been around for a while now, but this seems to be the biggest yet. Yesterday, there was a major twitter hack of tech companies, billionaires, and politicians’ Twitter accounts.

The accounts of billionaires like Kanye West, Bill Gates, Jeff Bezos have been compromised by scammers.

What You Need To Know

The Genesis

The hack started with the account of Paypal co-founder, Elon Musk. There was a tweet from his account encouraging people to send money to a Bitcoin wallet and have them doubled in return.

twitter hack

Shortly after, the hack spread to other accounts like Kim Kardashian, Bill Gates, Barack Obama, Jeff Bezos, Joe Biden, Apple, Uber, Kanye West, Mike Bloomberg, Kim Kardashian.

twitter hacked

Twitter Hack: How Kanye West, Kim Kardashian And Others Were Hacked 1 Twitter Hack: How Kanye West, Kim Kardashian And Others Were Hacked 2 Twitter Hack: How Kanye West, Kim Kardashian And Others Were Hacked 3

The Losses

Many people actually fell for the scam, which has been said to gulp over a million dollars so far.

These scammers apparently didn’t stop there, as even major cryptocurrency accounts weren’t spared. Accounts like Cash App, Coinbase, Gemini and Binance were also compromised in the Twitter Hack.

There is even a screenshot of Twitter Support’s Account tweeting something similar cirulating, but the authenticity of that has not been confirmed by them.

The Diagnosis

After some time, at about 4:00am today, Twitter Support stated what it suspected to be the gateway through which the hackers were able to gain access to the accounts.

The Remedy

Twitter, through its support account, said that they would have to temporarily disable all verified accounts to stop the scam from spreading any further. They said:

The situation keeps unfolding and we’re sure you’re as excited as us to see the end of everything and see these hackers brought to justice.

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