Cardano founder renews call for ‘verified tweets’ after social media hack

6 months ago

Charles Hoskinson, the laminitis of the Cardano network, has renewed his telephone to integrate “verified tweets” connected societal media level X (formerly Twitter).

This connection was prompted aft the authoritative X relationship of the Cardano Foundation was hacked to beforehand scams and dispersed mendacious accusation implicit the weekend.

Cardano Foundation hack

On Dec. 8, malicious attackers accessed the Cardano Foundation’s relationship and utilized it to denote a fictitious ADASOL token they claimed was a Cardano-inspired token built connected Solana for “speed and innovation.”

While this fraudulent station was removed wrong an hour, the hackers followed up with different mendacious claim. They alleged that the Foundation had received a suit from the US Securities and Exchange Commission (SEC), starring to a expected halt successful each enactment for Cardano’s autochthonal token, ADA.

The Cardano Foundation has since deleted the malicious tweets but has not issued immoderate authoritative connection addressing the incident.

Hoskinson’s solution

Reacting to the breach, Hoskinson suggested that the Cardano assemblage would actively analyse the incident. He besides hinted that national authorities mightiness beryllium funny successful the issue.

He stated:

“Now the amusive portion comes for us. As Cardano is simply a integer nation, galore of our citizens are besides successful instrumentality enforcement. Let the swarm of investigations begin”

Hoskinson besides suggested revisiting the verified tweets diagnostic helium initially projected successful 2020. He highlighted that this diagnostic could importantly heighten information connected the platform.

Hoskinson’s thought revolves astir leveraging public-key cryptography to fortify individuality verification. He emphasized that the attack would not disrupt X’s operational exemplary but would empower users to verify their posts independently.

The conception includes requiring biometric authentication earlier publishing content, specified arsenic fingerprint oregon facial recognition.

Hoskinson pitched the concept to Jack Dorsey, the platform’s erstwhile CEO, aft a important hacking lawsuit successful 2020. Back then, helium offered to make the strategy for a fee. He has projected implementing it for escaped if Elon Musk supports the initiative.

The station Cardano laminitis renews telephone for ‘verified tweets’ aft societal media hack appeared archetypal connected CryptoSlate.

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