Cryptic NEAR Protocol X Posts Raise Hack Suspicions

Junior Content Creator

Harvey Hunter

Junior Content Creator

Harvey Hunter

About Author

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Author Profile

Share

Copied

Last updated: 

May 8, 2024

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Morse code, cryptic messages, and a redesign of NEAR Protocol’s X profile have left users concerned that they have been hacked.

On May 8th, NEAR Protocol’s official X handle began to post a series of cryptic tweets and messages which left the crypto community puzzled. The unusual behavior started with a 28-second-long video containing a Morse code message.

Once decoded, the message read, “Darkness is coming.”

https://twitter.com/NEARProtocol/status/1788272201806070145

Two hours after the tweet, NEAR’s X account sent out four consecutive tweets using hard-to-read gothic fonts, commonly used by heavy metal bands.

The tweets contained more concerning messages like “the sun rises in the east,” “take back your thoughts,” “darkness” and “reclaim your sovereignty.”

https://twitter.com/NEARProtocol/status/1788305217856885106

This culminated in a complete visual redesign of NEAR’s X profile. Their banner and profile picture were changed to solid black.

Additionally, NEAR’s display name and description were also changed to match the mysterious theme of the tweets, simply reading “dark.”

The Community’s Reaction to NEAR Protocol’s Activity

The posts are not on-brand compared to NEAR’s past communications. Something that has prompted the crypto community on X and blockchain investigators to suspect a possible hijack.

However, a handful of the protocol’s supporters see the tweets as a sign of something bigger coming to the ecosystem. Though the post’s intended meaning is unclear, users generally agree to proceed with caution. This stems from the fear that a hack was launched with malicious intent.

In January 2024, the X account of Cryptocurrency data aggregator CoinGecko experienced a security breach and was used to run phishing scams.

The company managed to regain control of its social media account following a quick intervention. Hacks like this make it increasingly important that users are vigilant and know how to protect themselves from crypto fraud and scams.

NEAR Foundation Layoffs

NEAR Foundation, the developer of NEAR Protocol, recently laid off 40% of its staff to “significantly consolidate the core Foundation team to focus on a narrower and higher-impact set of activities.”

This decision led to a loss of over 35 employees across the business development, marketing, and community teams. The company commented:

“The Foundation is well-placed to continue to support the ongoing growth, development, and further decentralization of the NEAR Protocol and ecosystem.”

The layoffs followed a review that revealed inefficiencies in the foundation’s operations.Over the next few years, the foundation intends to reduce its footprint even more as the ecosystem moves closer to true decentralization. However, this decision may have come at a cost. Some of the affected departments had direct involvement in NEAR Protocols X communications, which could have contributed to the suspected hijack of the account.