March 17, 2026

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Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams

bitcoin Magazine
Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams
Twitter scams

In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies.

Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways.

Google's G Suite Twitter Account is Hacked!! pic.twitter.com/JdB7huGksO

— Burton (@B_u_r_t_o_n) November 13, 2018

Target’s Twitter account, which is followed by nearly 2 million users, posted a tweet, confirming the hack which occurred on November 13, 2018. The retailer stated:

“Early this morning, our Twitter account was inappropriately accessed. The access lasted for approx. half an hour & one fake tweet was posted during that time about a bitcoin scam. We have regained control of the account, are in close contact with Twitter & are investigating now.”

Seemingly targeted by the hacking syndicate, Google’s G Suite Twitter account was breached hours after Target fell victim. The hack on Google was marked by the same tactics as the one that plagued Target — a scammy tweet ridden with typos promising free bitcoin to G Suite’s 800,000 followers.

A Google spokesperson confirmed the hack to Business Insider in a statement:

“This morning an unauthorized promoted tweet was shared from the G Suite account. We removed the tweet and are investigating with Twitter now.”

These incidents are a more sophisticated version of the Twitter scams that have become a constant nuisance for the cryptocurrency community. Typically, these scams include bad actors merely imitating popular figures in the crypto industry with near-identical profiles, though it’s rare for the real accounts themselves to be taken over to advertise the scams.

While it’s unclear how scammers are gaining access to the brands’ social media account, it’s obvious new measures are needed to combat the scams.

Criticized in the past for its failure to devise a clear defense against these incidents, Twitter is reportedly working on counter security measures to prevent similar breaches like the one witnessed by Target on its platform in the future.

Earlier this year, anti-fraud software company MetaCert released Cryptonite, a browser extension that safeguards users against fraudulent accounts.

This article originally appeared on Bitcoin Magazine.

Target and google official twitter accounts hacked, used for crypto scams Target and google official twitter accounts hacked, used for crypto scams

Target and google official twitter accounts hacked, used for crypto scams

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Why The Bitcoin Miners Are Destined To Lose The Hard Fork Wars

Excuse me for indulging myself, but there are many points of view towards what may be an impending hard fork for bitcoin. This may come across as a loosely coherent ramble, but at least it is short and sweet. There is enough here to put it on wax, so here’s what I see, in the big picture.


This is in response to the Medium post created by Peter Rizun yesterday, outlining how this hard fork may play out, and essentially showing a way BTU wins, in the long run. (Roger Ver tweeted his support for this post, so I read it and posted most of these thoughts in the comments section, and here we are.)

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In my humble opinion, the problem I see coming is if BCU breaks off, it will become an altcoin, as has been established by the bitcoin exchange establishment. These miners can mine all the blocks they want, if the greater community doesn’t trust their developers, doesn’t want an altcoin, and isn’t buying BCU, it is irrelevant by design.

The market will decide who wins, and anybody who is not a miner wants to stick with Core and their chain. The miners are one thing, the market is something else. The miners might win a battle, but they would lose that war. They should keep that in mind.

Without those miners, BTC would definitely take a hit, but the Core developers could then quickly move to a 2MB upgrade and get SegWit and The Lightning Network approved, creating greater bitcoin functionality, from a trusted group of developers, and an incredible upside in off-chain scalability that an on-chain approach would be hard pressed to match. All without the centralization and control of the miners.

segwit-logo

Users will follow anyone who is going to implement SegWit. The market is sold on this concept as a boon to bitcoin functionality. BTU has not done a very good sales job at all regarding their position. Scaling away from miners will hurt mining, but it will let bitcoin reach its full potential.

BTU needs to sell their mined Bitcoins to a market. I’m not seeing much of a market for BTU, outside of the miners and BTU investors, themselves. The miners do not control bitcoin, and even Core does not control bitcoin. Maybe, just maybe, The People control bitcoin’s future growth? Anyone who thinks the market doesn’t have a handle on who each side is looking out for here is fooling themselves.

Just seeing how the community is responding, keeping my ear to the ground, the greater community will not follow the miners, who are primarily looking to turn a digital buck in bitcoin. They will follow Core, who is looking after the greater good. Miners will lose that tug of war.

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It has become clear that BTU developers cannot replace BTC developers, as the recent bugs have shown the world, but BTC miners can be replaced. There are plenty of people around the world who want that job, and can do it just as well.

This power struggle is really temporary in nature. People will not follow miners looking for profit first, and who want to hijack the entire system, from now on, in order to get it. That is not leadership.

At the end of the day, The People will decide to back Core. The only question is when will the dissenting miners, clouded by visions of endless bitcoin profiteering, figure this fact out?

If the miners didn’t get the memo, that the vast majority of the market will stick with Core and not dump BTC for any BTU altcoin, use this. Like bitcoin itself, it’s far from perfect, but it’ll do just fine.

How do you think a hard fork would play out? Should there be an increase in block size? Let us know what you think below!


Images courtesy of bitcoin Core, AdobeStock

The post Why The Bitcoin Miners Are Destined To Lose The Hard Fork Wars appeared first on Bitcoinist.com.

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