25. September 2023

Gaming DAO Warns of Fake Airdrops Amid Social Media Hacks

•Treasure, a decentralized game publisher, warned its users that some of their X accounts were recently compromised.
•The company reminded its community that it doesn’t have any airdrops or new mints planned.
•Changpeng Zhao from Binance and Mudit Gupta from Polygon have both recently discussed the increasing number of phishing hacks.

Treasure Accounts Compromised

Decentralized game publisher Treasure recently warned its users that some of their X accounts were taken over by hackers. The organization highlighted that there is no airdrop, new mint of TreasureTags, or anything else planned for today and urged people to exercise caution when interacting with links shared by the accounts.

Restoring Access

Treasure was able to bring back the X accounts to their rightful hands and contain the issue. However, they did not provide additional information about how the hack happened or if any victims were affected by the recent security breach.

Increasing Number Of Phishing Hacks

Changpeng Zhao from Binance and Mudit Gupta from Polygon have both recently discussed the increasing number of phishing hacks. They urged exchange users to use hardware-based two-factor authentication (2FA) systems instead of mobile carrier-based 2FA and warned defenders about covering every single potential entry point as attackers only need one way to break in and ignore the rest.

Gaming DAO Warns Users

In response to this rise in phishing attempts within its community and in the Arbitrum ecosystem, Gaming DAO has warned its users about fake airdrops amid social media hacks. The company reminded its community that it doesn’t have any airdrops or new mints planned and urged people to exercise an abundance of caution when interacting with links shared by compromised accounts.

Conclusion

It is important for crypto space users to be aware of these security breaches, take precautions against them, and ensure they are using secure two-factor authentication systems at all times while interacting online.