Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
ETH Bulls Smash Trendline – $4,000 Next as Whale Squeeze Tightens 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Gold Prices Rise as Markets Await Trump’s Policy Announcements 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Nvidia Develops New Location-Verification Technology for AI Chips 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Ethereum co-founder Vitalik Buterin revealed that his X account (Twitter) was compromised, leading followers into a phishing trap. Many lost NFTs and digital assets after believing a fake Ethereum NFT announcement from the breached account.
The post turned out to be fake, and people who responded were directed to a phishing site. In the end, they lost their digital assets, and as per estimate, the stolen tokens involved in the account breach incident reached more than $691,000. Now, Buterin revealed shocking information about his recent hacking experience. He said that a SIM swap caused the incident.
The 29-year-old Ethereum executive explained he was a victim of a SIM-Swap attack where the perpetrators gained access and controlled his X account without authorization. As per CoinTelegraph, Buterin told Farcaster, a decentralized social media network, that he was able to recover his T-Mobile account after the SIM swap.
"Yes, it was a SIM swap, meaning that someone socially engineered T-Mobile itself to take over my phone number," Buterin shared. "A phone number is sufficient to password reset a Twitter account even if not used as 2FA. I had seen the 'phone numbers are insecure, don't authenticate with them' advice before, but did not realize this."
He said he learned through the incident that users can "completely remove a phone from Twitter." In any case, a SIM swap is also called a sim jacking attack because hackers use a special technique to gain control of someone's mobile phone number. Once the crooks take over the number, they can use two-factor authentication (2FA) to easily access the victim's bank account, social media, crypto accounts, and others.
Meanwhile, Coinnounce mentioned that this is not the first time T-Mobile got involved in a hacking attack. The telecom firm made headlines in 2020 after being sued for allegedly allowing a theft where $8.7 million worth of crypto was taken. In 2021, another SIM-swap attack occurred, and a customer lost $450,000 in Bitcoin in this episode.
Photo by: BoliviaInteligente/Unsplash
