Fri, March 29

Hackers Gain Access to Sandbox’s Instagram Account

Hackers Gain Access to Sandbox’s Instagram Account Altcoin News
  • Sandbox’s Instagram account has been temporarily deleted, according to the company.
  • No reports of stolen cash or victims of the incident have surfaced so far.

Two days of back-to-back hacking and stolen activities have taken their toll on the global digital asset sector. The Sandbox is the most recent decentralized virtual game company to be hacked.

According to PeckShieldAlert, the Instagram account for Sandbox Game was compromised. Users were strongly discouraged from engaging with any links they receive through Sandbox’s social networking platform, according to the company’s IT department.

This was brought to the attention of the Sandbox through Twitter. Hackers gained access to the game company’s official Instagram account, which was quickly shut down. Anyone who pretends to be or represent The Sandbox on social media was also asked to inform the team.

Massive Security Breaches Already

It did say, however, that members of their security team are looking into it. Sandbox’s Instagram account has been temporarily deleted, according to the company. Recovering their account is still a top priority for their team.

However, no reports of stolen cash or victims of the incident have surfaced so far. Sandbox’s (SAND) price has fallen by 1.68% in the last 24 hours. This week, the cryptocurrency sector was rocked by two massive security breaches. It was only after the Nomad and Solana hack that the ZB crypto exchange became a target for hackers.

According to sources, the attack resulted in the theft of around $3.6 million in cash. After the incident, over 2224 ETH have been stolen. Hackers have earlier targeted the Nomad protocol and syphoned out over $190 million. A total of 41 addresses were found to have been implicated.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.