Tron DAO Loses $45K in Hack, Curve Finance X Account Also Compromised

By: coinchapter|2025/05/06 21:30:01

Cryptocurrency platforms continue to be targeted by social media attacks. Two platforms—Tron DAO and Curve Finance—recently fell victim to unauthorized takeovers of their X accounts. These incidents caused financial losses and exposed how easily scammers can manipulate users. On May 2, a bad actor took control of Tron DAO’s verified X account. The hacker posted a deceptive contract address and messaged users with false offers. Tron confirmed that the scam generated approximately $45,000 before the team regained control. The breach occurred after a Tron team member was tricked into revealing access credentials. Even after losing access, the attacker contacted users off-platform, falsely claiming to represent Tron DAO. Tron assured users that it will never request payments through direct messages and urged everyone to stay vigilant. Similarly, on May 5, an attacker took control of Curve Finance’s X account. The hacker posted a link advertising a fake CRV token airdrop. Users flagged the post as fraudulent, prompting Curve to take action. With the help of the cybersecurity group SEAL, the Curve team regained access. Founder Michael Egorov confirmed no internal systems were compromised. A Growing Pattern and Ongoing Investigations The Tron DAO breach is part of a larger trend of social media exploitation. Tron noted similarities between its hack and the New York Post breach on May 3, suggesting a possible connection. However, the investigation remains ongoing. In a related controversy, Tron founder Justin Sun accused crypto exchange OKX of failing to freeze stolen assets, but OKX CEO Star Xu denied the allegations. The Tron team is cooperating with law enforcement to investigate the breach. These incidents show how vulnerable social media platforms are to scammers who impersonate trusted accounts and manipulate users into transferring funds. The breaches at Tron DAO and Curve Finance underscore the critical need for enhanced security measures in the crypto industry. These breaches show how social engineering and weak account protections can lead to financial harm. Social media platforms are prime targets for scammers who exploit weak points in security to impersonate trusted entities. For crypto firms, it’s essential to implement stronger authentication systems, tighten internal access policies, and provide training to employees on recognizing social engineering tactics. Meanwhile, users must remain cautious when interacting with direct messages, verifying messages through official channels, and avoiding suspicious links or payment requests.

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.

2025 Full-Year Financial Highlights

Revenue: Expected to be between $39 million and $41 million, reaching a new company high.

Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.

Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.

Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.

Core Consumer Food Business Performance

In 2025, DDC's core consumer food business maintained strong operational performance.

The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.

In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.

Bitcoin Reserve Update

In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.

As of December 31, 2025: The company holds 1,183 BTC.

As of February 28, 2026: Holdings increased to 2,118 BTC

Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC

DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."

Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.

The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins