Multiple Indian official Twitter accounts got hacked today and these included accounts of political parties, government institutions, and state chief ministries so let’s read more in today’s latest crypto news.
Multiple Indian official Twitter accounts got hacked today with NFT-related content posted on their feeds. The list includes the government of Uttar Pradesh, the office of the chief minister Yogi Adityanath, the Punjab National Congress, the main opposition party in Punjab, and the University Grants Commission and the Metrological Department. The chief minister’s office was compromised on Saturday with the profile picture being replaced with a bored ape and hundreds of tweets were posted and deleted.
सूचित किया जाता है कि मा. मुख्यमंत्री कार्यालय का आधिकारिक ट्विटर अकाउंट @CMOfficeUP को दिनांक 09 अप्रैल, रात्रि 12:30 बजे असामाजिक तत्वों द्वारा हैक करने का प्रयास किया गया था, इनके द्वारा कुछ ट्वीट पोस्ट किए थे जिसको तुरंत रिकवर कर लिया गया था।
— Government of UP (@UPGovt) April 9, 2022
The account was restored and a case was registered in connection with the matter at the Cyber Crime police station and the reports by the state government’s official Twitter account. The state government’s account was also hacked and the attacker posted a link to the beanz army website. The linked website contains a statement saying:
“We have decided to give back to our community by distributing extra airdrop claims to holders of Azuki and other NFTs. Claim your airdrop of BEANZ and become involved with the Azuki ecosystem using the interactive Azuki NFT.”
As of now, all of the Twitter accounts have been restored.
Speaking of the crypto situation in India, Since the new crypto tax came into effect just a few days ago, the Indian crypto exchanges see a sharp drop in transaction volume, and in the final days of March, they witnessed a moment of panic selling. Sharing volume graph of the four leading exchanges ZebPay, BITBNS, CoinDCX, and WazirX all tweeted that they saw a drop in volume after the new crypto tax rules became applicable. The tax provisions became effective from the start of the new financial year and they were presented as part of the Annual Budget in the Indian Parliament in early February this year which generated quite the debate with some lawmakers calling for a favorable environment for the industry while others demanded a more stringent regime.
What makes the taxes worrisome is the lack of regulation which makes dealing in digital assets quite risky.
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The government said that it wants to wait for a glboal consensus and emerge on regulation issues before it comes up with its own.
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