BackHow one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet

NEWS

CryptoSlate5/4/2026Crypto

How one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet

Font size

Tagging @grok in an X post plus a few dots and dashes was all that was needed last night for a bad actor to pickpocket a verified crypto wallet without ever touching the private keys. Agentic token launchpad, Bankrbot reported on May 4 that it had sent 3 billion DRB on Base to the recipient […] The post How one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet appeared first on CryptoSlate.

Continue reading on CryptoSlate

This article was originally published by CryptoSlate.

Crypto majors saw significant gains over the July 4th holiday weekend, with Bitcoin rebounding to over $63,000. Altcoins led the charge, with LIT soaring nearly 50% following its Robinhood integration. Key factors driving the surge include a softer-than-expected jobs report and a reversal in Bitcoin ETF flows from record outflows to net inflows.

Decrypt

Developing·1d ago

Binance Sees Record Ethereum Withdrawals Amidst Regulatory Uncertainty

Binance experienced a significant surge in weekly outflows, totaling $1.23 billion, with Ethereum withdrawals reaching a three-year high. This activity is linked to regulatory uncertainty from the EU's MiCA regulation and potential accumulation behavior.

Cointelegraph

Developing·2d ago

Kraken Now Accepts Tokenized Stocks and ETFs as Collateral for Futures and Margin Trading

Crypto exchange Kraken now allows eligible users outside the US to use tokenized stocks and ETFs as collateral for futures and margin trading, expanding the utility of real-world assets on the blockchain.

Cointelegraph

Developing·2d ago

Bitcoin Deposits to Exchanges Spike as Price Dips Below $60,000

Bitcoin deposits to centralized exchanges surged to nearly 50,000 BTC daily as the price fell below $60,000. Data from CryptoQuant suggests this pattern, especially with larger deposit sizes indicating whale and institutional activity, historically precedes significant price volatility and potential downward moves.

Decrypt

How one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet

Related Stories

Bitcoin Sees Volatility After Strategy Sells BTC Holdings

Crypto Losses Down 46.8% in H1 2026, But Security Firms Warn of Sophisticated Attacks

Crypto Surges Over Holiday Weekend as ETF Flows Flip Green

Binance Sees Record Ethereum Withdrawals Amidst Regulatory Uncertainty

Kraken Now Accepts Tokenized Stocks and ETFs as Collateral for Futures and Margin Trading

Bitcoin Deposits to Exchanges Spike as Price Dips Below $60,000