Orderly Network

DeFi

Discord

<ul>
 <li>Orderly Network’s official discord was hacked 2 days after it launched its ORDER token.</li>
 <li>The platform continues to run its “Road to The Order” campaign, encouraging user participation.</li>
 <li>The Witness Chain’s discord was hacked today, marking the fifth crypto platform to fall victim to these scams.</li>
</ul>
On August 24, 25, and 29, the Discord channels of Polygon, <a href="https://thenewscrypto.com/discord-hacks-spread-as-avalanche-and-zksync-servers-compromised/" target="_blank" rel="noopener noreferrer nofollow">Avalanche</a>, Zksync, and Orderly Network were compromised. In each case, hackers used the channels to distribute harmful links, posing a significant risk to users.
On Aug 29, Orderly Network’s official Discord channel was compromised. The protocol recently launched its new <a href="https://orderly.network/blog/orderly-network-ORDER-staking/" target="_blank" rel="noopener noreferrer nofollow">ORDER token</a> and staking program. Hackers posted a fraudulent airdrop claim link, which likely led to a phishing site. The Orderly team quickly <a href="https://x.com/OrderlyNetwork/status/1829177473902465446" target="_blank" rel="noopener noreferrer nofollow">warned</a> users on X and Telegram, advising them not to click on any links until the situation was resolved.
In addition, Orderly Network, a DeFi aggregator, has been expanding its staking program, promising to pay 60% of its net revenue to participants who stake their ORDER tokens.
Despite the hack, the platform continues to run its “Road to The Order” campaign, encouraging user participation through gamified rewards.
<a href="https://x.com/Mudit__Gupta/status/1827235421979603352" target="_blank" rel="noopener noreferrer nofollow">Polygon’s Discord</a> hack, saw attackers sharing links that, once clicked, tricked users into believing they were interacting with security agents. One unfortunate user lost $150K worth of Ethereum through these malicious links.
<h3 class="wp-block-heading" id="h-witness-chain-joins-growing-list-of-discord-hack-victims">Witness Chain Joins Growing List of Discord Hack Victims</h3>
The Witness Chain Discord channel was reportedly hacked today, marking the fifth crypto company this month to fall victim to a discord scam.&nbsp;
Also, Pankaj Agarwal, a core contributor to the project, quickly <a href="https://x.com/Shankusu993/status/1829437785750831278" target="_blank" rel="noopener noreferrer nofollow">warned</a> members, urging,
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “Please do not click on any links posted there!”.&nbsp;
</blockquote>
Fortunately, an hour later, he announced that the Discord server had been recovered and secured.
Moreover, <a href="https://thenewscrypto.com/phishing-scams-target-players-exploiting-hamster-kombats-popularity/" target="_blank" rel="noopener noreferrer nofollow">phishing schemes</a> have become common in crypto, with bad actors frequently targeting the social media accounts of companies, and influencers, sharing harmful links. Therefore, in 2024 alone, an estimated <a href="https://assets.ctfassets.net/t3wqy70tc3bv/fYG4wHZa0LfrEFcjqpqm1/c56684e1d8fc95247fd5df6560fe3486/Immunefi_Crypto_Losses_In_August_2024.pdf" rel="noopener noreferrer nofollow">$1.2B</a> has been lost to crypto hacks and scams, according to <a href="https://thenewscrypto.com/boba-network-partners-with-immunefi-to-launch-bug-bounty-program/" target="_blank" rel="noopener noreferrer nofollow">Immunefi</a>. The recent surge in Discord hacks serves as a reminder of the importance of security in the crypto landscape.
Highlighted Crypto News Today: <a href="https://thenewscrypto.com/coinbase-achieves-milestone-with-first-ai-to-ai-crypto-transaction/" target="_blank" rel="noopener noreferrer nofollow">Coinbase Achieves Milestone with First AI-to-AI Crypto Transaction</a>

Discord Hacks Hit Major Platforms Like Orderly and Witness Chain

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