Would you like to receive notifications on latest updates of the following headlines?

Cryptocurrency scammers hack OpenAI's official account

POSTED ON September 24, 2024 •   Technology      BY Abiodun Saheed Omodara •   VIEWS 181
OpenAI ChatGPT l Credit: ambusinessng

OpenAI’s official press account on X has reportedly been compromised by cryptocurrency scammers, mirroring previous incidents involving the company’s leadership.

On Monday afternoon, OpenAI Newsroom, a newly created account intended for product and policy announcements, posted about a fictitious OpenAI-branded blockchain token called “$OPENAI.” The post misleadingly claimed, “We’re very happy to announce $OPENAI: the gap between AI and blockchain technology.

All OpenAI users are eligible to claim a piece of $OPENAI’s initial supply. Holding $OPENAI will grant access to all of our future beta programs.”

However, the $OPENAI token does not exist, and the post included a link to a phishing site designed to imitate the legitimate OpenAI website, featuring the suspicious URL “token-openai.com.” A prominent “CLAIM $OPENAI” button on the fake site urged users to connect their cryptocurrency wallets, likely aiming to steal login credentials.

As of publication, both the phishing post and site remained active, along with a repost promising more information about the token later in the week. Notably, comments on the malicious post were disabled, obscuring the nature of the hack.

This is not the first instance of OpenAI accounts being exploited for phishing schemes. In June 2023, a similar incident occurred involving OpenAI CTO Mira Murati’s account, which also promoted the non-existent $OPENAI token. More recently, in June, the accounts of OpenAI chief scientist Jakub Pachocki and researcher Jason Wei were hacked to publish identical scam messages.

Scammers have employed various tactics, such as using “crypto drainer” tools to siphon NFTs and tokens from victims’ wallets upon signing into fake sites. High-profile accounts from tech companies and celebrities have frequently fallen prey to these scams, including a notable 2020 incident where accounts belonging to Apple, Elon Musk, and Joe Biden were hacked to promote a bitcoin scam.

According to the FBI, Americans lost $5.6 billion to cryptocurrency scams in 2023, marking a 45% increase from the previous year. The FTC reports over 50,000 scams in the first half of 2024, costing consumers nearly $2.5 billion, suggesting that this trend may continue to escalate.

 

0
RECOMMENDED FOR YOU
Brain chip: Elon Musk’s 'Neuralink' gets Canadian approval for trial
BY Benedicta Bassey November 21, 2024 0

CANADA — Elon Musk’s has announced the approval of his Neuralink in Canada to conduct it...

RECOMMENDED FOR YOU
Nigeria need technocrats to revamp economy, says Obasanjo
BY Benedicta Bassey October 31, 2024 0

There are many technocrats in Nigeria that can be called upon to improve and revamp the economy, for...

RECOMMENDED FOR YOU
Global stock markets rebounce as investors await tech giants' earnings
BY Benedicta Bassey October 29, 2024 0

Major global stock market on Tuesday gained ground as investors await earnings of tech giants and US...

RECOMMENDED FOR YOU
Informal sector accounts for 76.7% of Nigeria's workforce — Report
BY Benedicta Bassey October 29, 2024 0

A new study has shown that the informal sector accounts for 76.7 per cent of Nigeria's workforce. T...

RECOMMENDED FOR YOU
MTN CEO, Ralph Mupita elected to GSMA Board
BY Benedicta Bassey October 29, 2024 0

Ralph Mupita, the President and Chief Executive Officer, MTN Group has been elected to the GSM Assoc...

RECOMMENDED FOR YOU
Google, industry players reiterate commitment to back Nigeria's digital economy
BY Benedicta Bassey October 29, 2024 0

Google alongside some industry key players have reiterated their commitments to back Nigeria's digit...

RECOMMENDED FOR YOU
3.45bn people still lack mobile network - Report
BY Benedicta Bassey October 29, 2024 0

A new report by the industry body GSM Association stated that about 43 per cent of the world's popul...

RECOMMENDED FOR YOU
FG partners Switzerland on tech innovations
BY Abiodun Saheed Omodara October 26, 2024 0

The Minister of Innovation, Science, and Technology, Chief Uche Nnaji, has established a strategic p...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 25, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...


Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 25, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...


Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 25, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...


ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 25, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...


China expands Visa-free entry to more countries to boost economy
BY Abiodun Saheed Omodara November 25, 2024 0

On Friday, China announced that it would expand visa-free entry to citizens of nine more countries a...


FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 25, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...


Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 25, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...


Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 25, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...


Man in Police net for defiling, impregnating 15-yr-old daughter
BY Benedicta Bassey November 25, 2024 0

CALABAR, Nigeria —A 48-year-old man, Mallam Adamu Umaru, was paraded by the Zone 6 Police Comm...


Trump picks Pam Bondi as Attorney General following Gaetz withdrawal
BY Benedicta Bassey November 25, 2024 0

WASHINGTON, United States  — US President-elect Donald Trump has nominated Pam Bondi, a v...


Menu