Anonymous hackers hacked the accounts of some high-profile tech figures, politicians, celebrities, and corporations on Twitter on Wednesday, July 16th.
Former United States President Barack Obama, his Vice President and a possible Democratic candidate in the 2020 election Joe Biden, and Mike Bloomberg are among those whose Twitter accounts have been hacked.
Amazon CEO Jeff Bezos, Tesla co-founder and CEO Elon Musk, and Microsoft co-founder Bill Gates are other high-profile tech figures whose Twitter accounts have been hacked.
Among the celebrities who have been attacked by hackers are Kanye West and Kim Kardashian.
The hackers posted tweets on their accounts, offering to pay $2000 for every $1000 transferred to an anonymous Bitcoin address. More than 100 thousand dollars have been sent to those Bitcoin wallets.
Twitter shares fell 4 percent after this major hack. It seems that Twitter’s authentication system has been hacked and it’s not just few people/accounts. It means they could have gain access to every account.
It’s another reason to avoid using proprietary software. Software libre gives anybody an opportunity to study the code/software and cooperate on fixing bugs like this. Social networks like Twitter are centralized, meaning there’s a central server that all users should trust. Instead, social networks like Mastodon are decentralized, meaning there’s no central server and there’s less risk/possibility for something like this to happen.