Vitalik Buterin, Ethereum's co-founder, faced a cyberattack when hackers compromised his X account, stealing numerous NFTs. The breach, involving a deceptive link, led many to lose their digital assets.

It was reported that more than $691,000 worth of non-fungible tokens were drained from the digital wallets of many victims. The breach of Buterin's X account caused huge losses for victims due to a malicious link promoting free NFT.

According to Crypto Potato, the Ethereum co-founder's hacked X account was used to portray a phishing site that stole people's digital assets. The victims believed it was a legit post from Buterin, and many have fallen into the trap.

The unscrupulous post has since been deleted, and Buterin's account was recovered. However, many people lost their NFTs before the account was restored.

PeckShield, a blockchain security resource, was among the first to detect the hacking on Buterin's X account. It has raised the alarm over the suspicious post that stated Consensys, a private blockchain software technology company, wants to distribute commemorative NFTs to users.

The fake post also said it was an NFT drop to celebrate the arrival of "Proto-Danksharding coming to Ethereum," and interested individuals were instructed to click the link indicated in the post. It turned out to be a fake airdrop for NFTs, as the link goes directly to a phishing site.

Unfortunately, some users failed to notice that it was a sham site and eventually lost funds after linking their wallets, and hackers immediately sucked up their assets. CoinTelegraph mentioned that Dimitry Buterin, the father of Vitalik, alerted people about the hacking of his son's X account. He warned everyone and asked them to ignore the malicious post.

"Disregard this post, apparently Vitalik has been hacked," the older Buterin stated the past weekend. "He is working on restoring access."

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