Arbitrum

Discord

Polygon

Security

Polygon reported that its Discord community channel has been hacked, sparking concerns among users.
Mudit Gupta, the Chief Information Security Officer at Polygon, confirmed the breach and advised users not to click any links shared in the channel until the situation is resolved.&nbsp;
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 PSA: Do not click on any links in the <a href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@0xPolygon</a> community discord until further notice. It has been compromised and we're trying to get back ownership.— Mudit Gupta (@Mudit__Gupta) <a href="https://twitter.com/Mudit__Gupta/status/1827235421979603352?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 24, 2024</a>
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Although accounts with special privileges had two-factor authentication (2FA) enabled, this incident still shows how vulnerable platforms like Discord can be.
Several users have quickly taken to social media to alert others about the scam. According to some, the scammers were pretending to be support agents to trick those looking for help. The user said they were even blocked after trying to warn the community, making it harder to control the damage.
The gravity of the breach became even more evident when another user, ValidatorK, reported losing $150,000 worth of Ether (ETH). This happened after the user clicked on what seemed like an official announcement on the compromised Discord server.&nbsp;
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 <a href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@0xPolygon</a> I lost $150,000 of my Ethereum pool in one go through Polygon's official Discord announcement. Why haven't you officially posted the Discord hacking issue on X? How are you going to take responsibility for this?— Mr.K (@ValidatorK) <a href="https://twitter.com/ValidatorK/status/1827250459444441457?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 24, 2024</a>
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However, this is not the first time a Discord server related to cryptocurrency has been hacked.&nbsp;
Earlier this year, the Arbitrum Discord was hit by a <a href="https://x.com/CertiKAlert/status/1639507173389774849?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">phishing scam in March</a>, and in May, the Gnus.AI platform lost about $1.27 million due to a similar attack. These hacks usually involve fake announcements sent from compromised accounts, leading to significant losses for users.
Moreover, the timing of this breach is especially troubling for Polygon, as the platform is gearing up for a major network upgrade on September 4. The upgrade will see MATIC tokens replaced by POL tokens, which are meant to enhance Polygon’s growing network of blockchains.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/08/19/ava-labs-coos-x-account-was-hacked-to-promote-memecoin/" rel="noopener noreferrer nofollow">Ava Labs COO’s X account was hacked to promote Memecoin.</a>
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Polygon Reports Discord Channel Hack; Warns Users of Scam Links

The Crypto Times

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