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The reasons for the fall of the bitcoin cryptocurrency have become known

10:43 am, February 26, 2024

The value of the flagship cryptocurrency plummeted in a matter of hours. According to analysts, the reason was the news of the hacking of the account of MicroStrategy, headed by Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor. The hackers attacked MicroStrategy’s account on platform X and advertised a fraudulent distribution of the allegedly official MSTR token.

As ZachXBT researcher found out, the victims have already lost $ 440,000. In an attempt to get free tokens, users connected their wallets, which were subsequently emptied by hackers.

In a now-deleted post, the fraudsters announced the release of an Ethereum-based token called MSTR on behalf of MicroStrategy. The hackers promised low gas tariffs and support for the token with MicroStrategy’s bitcoin reserves.

British crypto investor Coby noted that MicroStrategy is known for its focus on bitcoin. The expert emphasized that the likelihood that a company committed to BTC will launch a token on the Ethereum network is minimal.

Following the news, the price of BTC $61,930.00 Bitcoin 1.79% Market capitalization $1.22 trillion VOL. 24 hours $2.81 billion has slightly decreased. At the time of writing, the leading cryptocurrency is trading at $ 51,433. CoinMarketCap data shows that BTC has fallen by 0.5% over the past 24 hours.

In September 2023, hackers attacked the account of Ethereum co-founder Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin on the social network X. At the time, Dmitry Buterin, Vitalik’s father, reported the security breach, noting that his son was actively trying to regain control of the page.

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BTC

$61,930.00

1.79%

ETH

$3,423.55

4.17%

BNB

$578.65

2.83%

XRP

$0.48

0.91%

SOL

$139.53

10.10%

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