GetBlock Magazine - What happened? The team of the analytical blockchain platform Dune warned users that it has no plans to launch a native token or conduct an airdrop. On April 29, the platform’s social network account was hacked, and attackers posted an announcement on its behalf about a free distribution of cryptocurrencies.
Source: Twitter (NYSE:TWTR).com
What else is known? Dune developers lost access to the X account for about 90 minutes; the fake airdrop entry was available to readers for 15 minutes. The scammers offered to follow a malicious link and attach a wallet to receive coins, which threatened to lose all assets. The team has now regained control of the account.
The company has faced a similar problem in the past. In March 2023, attackers created fake platform accounts and published posts calling for participation in the distribution of the DUNE token. The original account was not hacked.
These types of attacks are widespread in the crypto space. Not only exchanges, auditors and top managers of crypto companies, but also government officials are faced with hacking of X-accounts. In 2021, hackers on behalf of the Prime Minister of India announced the legalization of Bitcoin, and in 2023, on behalf of the US Securities and Exchange Commission (SEC), they published a fake about the approval of spot crypto funds, which caused sharp market fluctuations.
Fraudsters are also actively taking advantage of the opportunity to create fake accounts with a “golden tick”. Thus, in anticipation of the airdrop of the Wormhole cross-chain protocol token, hundreds of fake project accounts were created that posted malicious links to connect the wallet. Last year, the crypto community called on X’s management to solve the problem of fake accounts with “checkmarks”.