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Market News

Crypto Discord Channels Hit by Coordinated Hacking Spree

Crypto Channels Compromised as Witness Chain and others suffer Discord hacks, exposing vulnerabilities in digital security amid growing phishing threats.

Written By Kelvin Munene
Fact Checked by Jahnu Jagtap
Published 2024-08-31·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Crypto Discord Channels Hit by Coordinated Hacking

This past week, several prominent crypto firms, including Witness Chain, Polygon, Avalanche, ZkSync, and Orderly Network, fell victim to cyberattacks. Hackers targeted their Discord channels between August 24th and 30th, deploying phishing schemes to compromise these platforms.

Witness Chain, a blockchain-based DePIN validation project, reported its Discord channel compromised today, on August 30th, through the distribution of deceptive links. 

Core contributor Pankaj Agarwal alerted members via his X account, cautioning against engaging with suspicious recovery processes linked to these attacks.

Witness Chain Discord compromised
Source: Twitter

Earlier incidents saw similar patterns. The Polygon Discord channel experienced a breach on August 24th, also via phishing links. 

Following this security breach, the channel’s Chief Security Officer, Mehta Gupta, immediately advised members against clicking on any links. Sadly, one user reportedly lost $150,000 to these fraudulent schemes.

Subsequent attacks unfolded with alarming quickness. Within 48 hours of the Polygon incident, both the Avalanche and zkSync Discord channels were likewise infiltrated. Shared deceptive links were once again the culprits. 

An Avalanche community member tweeted a screenshot showing disabled chats across all channels, alongside a dubious announcement about claiming Avax tokens from the foundation. Shortly after, the zkSync channel reported a similar breach.

However, teams associated with these platforms have responded swiftly. They have successfully regained control of their channels and are currently working to strengthen security measures to prevent future incidents.

Moreover, these breaches highlight the increasing need for enhanced security protocols within crypto community platforms, as phishing remains a prevalent threat. Additionally, these incidents underscore the importance of community vigilance and the rapid response capabilities of crypto firm security teams.

Also Read: North Korean Hackers Exploit Chrome Flaw to Steal Cryptocurrency: Report

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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