Crypto scammers hack OpenAI's press account on X

OpenAI logo with spiraling pastel colors (Image Credits: Bryce Durbin / TechCrunch)

Image Credits: Bryce Durbin / TechCrunch

OpenAI’s official press account on X appears to have been compromised by the same cryptocurrency scammers who did the same with company leadership in previous months.

Late Monday afternoon, OpenAI Newsroom, an account OpenAI recently created to spotlight product- and policy-related announcements, posted about a supposedly new OpenAI-branded blockchain token, “$OPENAI.”

“We’re very happy to announce $OPEANAI [sic]: the gap between Al and blockchain technology,” the post read. “All OpenAI users are eligible to claim a piece of $OPENAI’s initial supply. Holding $OPENAI will grant access to all of our future beta programs.”

OpenAI hack
Image Credits: X

Of course, $OPENAI doesn’t exist — and the post on X linked to a phishing site designed to mimic the legitimate OpenAI website (minus the conspicuously incorrect URL “token-openai.com”). A prominent “CLAIM $OPENAI” button on the fake site encouraged unsuspecting users to connect their cryptocurrency wallets, likely in an attempt to steal those users’ login credentials.

OpenAI fake site
Image Credits: X

As of publication time, both the post and site were still up — as was a repost and a reply promising “further information” about the token “[to] come later in the week.” Comments on the malicious X post were disabled, making the hack less obvious than it might be otherwise.

We’ve reached out to OpenAI and X for comment and will update this article if we hear back.

It’s not the first time accounts associated with OpenAI have been compromised as a part of phishing campaigns.

In June 2023, OpenAI CTO Mira Murati’s account posted a similar message promoting the fictional $OPENAI crypto token. And just three months ago, the accounts of OpenAI chief scientist Jakub Pachocki and OpenAI researcher Jason Wei were hacked and used to publish scam posts identical to the post on the OpenAI Newsroom account today.

Coinspeaker, reporting on the hack of Murati’s account last June, said that the scammers used a “crypto drainer” tool that would funnel all the NFTs and tokens that victims had in their wallets to the scammers’ wallet once they signed into the fake OpenAI site.

Other high-profile X accounts belonging to tech companies and celebrities have been hacked in recent years to promote crypto scams. In perhaps the most infamous example, in 2020, hackers targeted accounts belonging to Apple, Elon Musk and Joe Biden to post the address of a bitcoin wallet with the claim that the amount of any payments made to the address would be doubled and sent back.

Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase from 2022, according to the FBI. 2024 is on track to be as bad — or worse. More than 50,000 scams were reported through the first half of this year, costing consumers close to $2.5 billion, per the FTC.

Directo turns a TikTok travel hack into a deal-finding Chrome extension

Directo team photo

Image Credits: Directo

A travel hack that went viral on TikTok teaches users how to save money on hotels and Airbnbs by booking directly with the properties themselves. Now, a new startup, Directo, will help travelers find those same deals with the help of a Chrome extension that points you to the property’s website, where you’ll often find discounted rates as the property doesn’t have to pay commission on those sales.

Across social media, creators and influencers post variations of a money-saving hack that teaches users how to find a cheaper way to book a room or a home stay. This often involves using reverse image search on photos of the listing to find the property’s website — something that can be particularly useful when booking longer stays where the savings can really add up.

@humphreytalks

Money Hacks 💰 (1st Hack Credit: All the Hacks Podcast) #lifehack #learnontiktok #tiktokpartner

♬ SUNNY DAY – Matteo Rossanese

Of course, booking directly may have its risks. You may not have the same travel assurances and protections compared with bigger websites, like Booking.com, Expedia or Airbnb. But when travelers are looking at savings in the hundreds of dollars or more, they often opt to take their chances.

The idea for Directo came about from watching this emerging behavior among Gen Z users and realizing that it could be better automated, while also adding in some safety protections of its own, says co-founder and co-CEO Pierre Becerril.

Image Credits: Directo

“What we’re doing is we’re trying to work with professional inventory that uses great software — so at least you know that this part is secured,” said Becerril, whose background is in the travel industry, after participating in a TechCrunch hackathon inspired him to join the tech industry. Most recently, the Madrid-based, third-time founder sold his startup Transparent, a software company focused on the vacation rental market, to Lighthouse, where he worked before starting Directo.

Becerril explains that many hotel sites today run what he calls “very good tech” and feature powerful booking engines, but they aren’t the first place users go to book. Instead, consumers tend to go to online aggregators and larger websites where they can search across a wider inventory of listings.

“The big websites like Expedia, Booking.com and Airbnb have the monopoly for search and distribution,” Becerril said. “It’s a pity because they charge commission and you can go book direct on these great websites where there’s no commission — and maybe some perks.”

Some savvy travelers already figured this out, finding they could avoid the extra fees and cleaning charges on Airbnbs by booking from the property’s website itself, which they found using a reverse image search.

@chelletravelfoto

Reverse image search for the win! 💪 #airbnb #travelhacks #traveltips #budgettravel

♬ Tomorrow – Adrian Berenguer

Directo aims to make it easier to book directly by identifying those properties that it knows to use a modern tech stack that promises a safe checkout process. That can, at least, alleviate users’ concerns that the sites will work correctly and their credit card transactions will be secure. It also relies on its community to submit other websites for consideration and to flag those where they successfully found great deals.

The Chrome extension works on a variety of top travel sites, like Airbnb, Booking.com, VRBO, Expedia and Abritel, with more being added in the future. It identifies the properties where you can book directly with a yellow-and-black “D” icon. Those where users reported getting a good deal will also feature a cheers emoji of hands clapping. If users report the deals aren’t great, Directo can take that information to the hotels and use that to try to negotiate for a voucher or discount for its customers.

“It’s a little bit like Honey,” says Becerril, referring to the deal-finding browser add-on PayPal acquired for $4 billion in 2019.

Also like Honey, the extension is free to use by consumers, who can download it from the Chrome Web Store. The startup generates revenue by selling a subscription to hotels that can improve their connectivity with Directo by pushing special deals to its users and members. These funds are currently being reinvested in marketing to grow its consumer install base.

In testing, Directo reached 115,000 users and now includes nearly 200,000 hospitality brands that each has at least one property in its database of inventory. Combined, that represents millions of properties and rooms around the world.

The startup itself was co-founded by digital nomad and co-CEO Marina Guastavino, CTO Julian Toledo and Sofia Canepa (Growth and Product Development). Becerril wasn’t able to join full-time until a couple of months ago due to obligations following the sale of his prior company.

Directo has $1 million in pre-seed funding from French VC firm Kima Ventures; Calafia, an angel group of Global Female Tech Leaders; travel specialist fund Derive Ventures; and 26 travel industry veterans.

Directo turns a TikTok travel hack into a deal-finding Chrome extension

Directo team photo

Image Credits: Directo

A travel hack that went viral on TikTok teaches users how to save money on hotels and Airbnbs by booking directly with the properties themselves. Now, a new startup, Directo, will help travelers find those same deals with the help of a Chrome extension that points you to the property’s website, where you’ll often find discounted rates as the property doesn’t have to pay commission on those sales.

Across social media, creators and influencers post variations of a money-saving hack that teaches users how to find a cheaper way to book a room or a home stay. This often involves using reverse image search on photos of the listing to find the property’s website — something that can be particularly useful when booking longer stays where the savings can really add up.

@humphreytalks

Money Hacks 💰 (1st Hack Credit: All the Hacks Podcast) #lifehack #learnontiktok #tiktokpartner

♬ SUNNY DAY – Matteo Rossanese

Of course, booking directly may have its risks. You may not have the same travel assurances and protections compared with bigger websites, like Booking.com, Expedia or Airbnb. But when travelers are looking at savings in the hundreds of dollars or more, they often opt to take their chances.

The idea for Directo came about from watching this emerging behavior among Gen Z users and realizing that it could be better automated, while also adding in some safety protections of its own, says co-founder and co-CEO Pierre Becerril.

Image Credits: Directo

“What we’re doing is we’re trying to work with professional inventory that uses great software — so at least you know that this part is secured,” said Becerril, whose background is in the travel industry, after participating in a TechCrunch hackathon inspired him to join the tech industry. Most recently, the Madrid-based, third-time founder sold his startup Transparent, a software company focused on the vacation rental market, to Lighthouse, where he worked before starting Directo.

Becerril explains that many hotel sites today run what he calls “very good tech” and feature powerful booking engines, but they aren’t the first place users go to book. Instead, consumers tend to go to online aggregators and larger websites where they can search across a wider inventory of listings.

“The big websites like Expedia, Booking.com and Airbnb have the monopoly for search and distribution,” Becerril said. “It’s a pity because they charge commission and you can go book direct on these great websites where there’s no commission — and maybe some perks.”

Some savvy travelers already figured this out, finding they could avoid the extra fees and cleaning charges on Airbnbs by booking from the property’s website itself, which they found using a reverse image search.

@chelletravelfoto

Reverse image search for the win! 💪 #airbnb #travelhacks #traveltips #budgettravel

♬ Tomorrow – Adrian Berenguer

Directo aims to make it easier to book directly by identifying those properties that it knows to use a modern tech stack that promises a safe checkout process. That can, at least, alleviate users’ concerns that the sites will work correctly and their credit card transactions will be secure. It also relies on its community to submit other websites for consideration and to flag those where they successfully found great deals.

The Chrome extension works on a variety of top travel sites, like Airbnb, Booking.com, VRBO, Expedia and Abritel, with more being added in the future. It identifies the properties where you can book directly with a yellow-and-black “D” icon. Those where users reported getting a good deal will also feature a cheers emoji of hands clapping. If users report the deals aren’t great, Directo can take that information to the hotels and use that to try to negotiate for a voucher or discount for its customers.

“It’s a little bit like Honey,” says Becerril, referring to the deal-finding browser add-on PayPal acquired for $4 billion in 2019.

Also like Honey, the extension is free to use by consumers, who can download it from the Chrome Web Store. The startup generates revenue by selling a subscription to hotels that can improve their connectivity with Directo by pushing special deals to its users and members. These funds are currently being reinvested in marketing to grow its consumer install base.

In testing, Directo reached 115,000 users and now includes nearly 200,000 hospitality brands that each has at least one property in its database of inventory. Combined, that represents millions of properties and rooms around the world.

The startup itself was co-founded by digital nomad and co-CEO Marina Guastavino, CTO Julian Toledo and Sofia Canepa (Growth and Product Development). Becerril wasn’t able to join full-time until a couple of months ago due to obligations following the sale of his prior company.

Directo has $1 million in pre-seed funding from French VC firm Kima Ventures; Calafia, an angel group of Global Female Tech Leaders; travel specialist fund Derive Ventures; and 26 travel industry veterans.

Basalt cofounders Alex Choi and Maximillian Bhatti

Basalt plans to 'hack' a defunct satellite to install its space-specific OS

Basalt cofounders Alex Choi and Maximillian Bhatti

Image Credits: Basalt (opens in a new window)

Space startup Basalt Technologies started in a shed behind a Los Angeles dentist’s office, but things have escalated quickly: Soon it will try to “hack” a derelict satellite and install its space-specific OS. (With the owner’s permission, of course).

The startup’s co-founder, Alex Choi, found himself living in said shed after suddenly getting kicked out of his MIT dorm due to the coronavirus pandemic. He had been in the thick of building the university’s first custom satellite bus, and was continuing that work in LA. Because almost everyone else on the project had quit, Choi was hiring. He ended up bringing on physicist and engineer Maximillian Bhatti, who had, for the same reason, lost his optical physics job at the California Institute of Technology. 

“I get my parents to drive me to this dilapidated shed,” Bhatti recounted in a recent interview. “This nerd opens the door. And then inside this shed are tens of thousands of dollars of space-grade equipment, because we’re building a satellite here. So that kind of kicked off the next six months of our lives.” 

The two eventually parted ways — Choi to the University of Toronto, Bhatti to The Aerospace Corporation and then SpaceX — before coming back together in October of 2023 to found Basalt. 

“We looked around the industry, and we realized: The kind of issues that we saw at MIT, where the hardware is really good, and it’s death by a thousand paper cuts on the software side… that’s not just MIT,” Bhatti said. 

Those thousand paper cuts are an allusion to the difficulties of legacy hardware and software in space missions. The status quo, which goes all the way back to the Apollo era, Bhatti said, is to design custom software to maximize the full hardware utility of individual components on the spacecraft. This way of operating makes sense for one-off, ultra ambitious missions like Mars rovers, but the space industry is rapidly shifting toward entire constellations of spacecraft, launched and iterated on faster than ever before. It no longer makes sense to write custom software on a per-mission basis.

Two other things have changed: First, compute on the ground is an order of magnitude cheaper than a decade or two ago. Second, space hardware and components have become commoditized. Yet software has stayed highly custom and manual — which is why Choi and Bhatti are betting it will be the next big unlock in space. 

“Right now, we build space missions into the hardware, and then all the software and operations and stuff is custom from that hardware. It’s a consequence of it. So what Basalt is doing is trying to shift that paradigm,” Bhatti said. 

It’s doing so by building an operating system for satellite operators called Dispatch: a simulation-based control system that enables software to be portable across different hardware, in the same way that one can run Windows on a laptop built by ASUS or Dell. Bhatti also likened it to Anduril’s Lattice, which is enabling software-defined control of different vehicles. 

Dispatch OS. Image Credits: Basalt

Dispatch will be capable of autonomous spacecraft tasking, enabling operators to coordinate satellites from different fleets, and rapidly enable re-tasking of existing on orbit assets for national security missions. Using Dispatch, for example, a national security customer could reassign any nearby satellite running the OS to conduct non-Earth imaging in the case of space security crisis, or to do Earth imaging in the case of a situation on the ground. 

It could enable a degree of operational flexibility never before seen in mission operations. Basalt could enable users to repurpose on orbit assets or allow unrelated spacecraft to work together on orbit.

It’s indeed a paradigm shift, echoed Choi: “We’re at this really interesting inflection point now where this hardware-defined industry, which has been space, is turning into a software-defined industry,” he said. “So instead of building constellations, what if you can assign constellations? [What if] you can take legacy assets alongside new assets and put them together and use them dynamically?”

To scale their product and reach flight heritage this summer, the startup closed a $3.5 million seed round led by Initialized Capital, with contributions from Y Combinator, Liquid2, General Catalyst and other unnamed VCs. Basalt is going to attempt to hack into, recover and fly around a defunct satellite on orbit this summer to prove out the tech.

From there, the company is also looking to build out its three-person team and get its first revenue. Basalt is currently in talks with 10 missions, which includes spacecraft in development as well as hardware already on orbit.