Render Network Founder Jules Urbach Twitter Hacked

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Render Network Logo/Homepage

Render Network is a decentralized GPU network which provides a marketplace for everyday people's GPUs to be used in rendering applications. This network was founded by Jules Urbach. In early September 2024, Jules' Twitter/X account was hacked and used to promote a cryptocurrency airdrop scam. The Render Network acknowledged the account, however subsequently deleted the tweet. It is unclear whether or not any loss has occurred as a result of the breach.

[1][2][3][4][5][6]

About Render Network

"The Distributed GPU Render Network - Supercharge Your Rendering With Near Limitless GPU Power."

"Welcome to Render Network, the world's first decentralized GPU rendering platform designed to supercharge your creative workflow. We harness idle GPU power worldwide, providing you with near-limitless rendering capacity at a fraction of the usual cost.

The decentralized project is supported by the Render Network Foundation, a not-for-profit dedicated to advancing the core Render Network protocol and fostering the growth of its vibrant community."

About Jules Urbach

"[Jules] made his first game, at 18, and went on to make the web’s first 3D video game platform and licensed the software to Macromedia, Disney, Warner Brothers, Nickelodeon, Microsoft, Hasbro and AT&T."

"Jules sets the strategic vision for OTOY, and is the chief architect of the company’s technology roadmap. Widely hailed as a pioneer in computer graphics, streaming and 3D rendering with over 25 years of industry experience."

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

  • When the service was actually started (if different than the "official story").
  • Who actually ran a service and their own personal history.
  • How the service was structured behind the scenes. (For example, there was no "trading bot".)
  • Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

"Jules's account has posted information about airdrop token $RENDER while the official homepage of the project has no notice."

Key Event Timeline - Render Network Founder Jules Urbach Twitter Hacked
Date Event Description
September 5th, 2024 7:42:00 PM MDT Report On Twitter Twitter user MersShata reports on the hack and the compromise of the account.
September 8th, 2024 2:24:06 AM MDT All In Station Article All In Station posts an article reporting on the hack incident in Vietnamese which includes the contents of the tweet from the Render Network.
September 8th, 2024 6:20:25 AM MDT Capture Attempt Failed An attempt to capture the Tweet in the wayback machine fails to capture the Render Network tweet contents.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

"The Render Network posted on X, stating that the X account of its founder and CEO, Jules Urbach, was hacked and used to post fake airdrop information. Please do not click any links from the account, and carefully verify all information through official sources."

"Attention Render Community" "Jules Urbach’s account has been compromised. Avoid clicking any links from the account and double-check everything through official sources."

"So this is considered a hacker's action to let viewers click on the link then perform a wallet hack if not careful should interact with their account. Readers should pay attention, do not interact with the account until official notice, especially links that are not as original as airdrop information."

Ultimate Outcome

What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.

References

  1. @rendernetwork Twitter (Accessed Oct 16, 2024)
  2. CEO Render Network bị hack X (Accessed Oct 16, 2024)
  3. @MersShata Twitter (Accessed Oct 16, 2024)
  4. Render Network (Accessed Oct 16, 2024)
  5. Render Network (Accessed Oct 16, 2024)
  6. @rendernetwork Twitter (Accessed Oct 16, 2024)