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The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week,
Buterin has 4.9 million followers on Twitter, and a fake post asked people to connect their digital wallets to a link that led to the theft.
"It isn't a stretch to say that cryptocurrency hacking is a sizable chunk of the nation's economy," blockchain data firm Chainalysis said last week.
US prosecutors confirmed that Lazarus Group and APT38 were behind a June hack on crypto firm Harmony, which saw $60 billion converted to ethereum.
Solana’s current crypto hacking incident has drained wallets that are approximately worth more than $8 million accumulatively.