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Cryptocurrency News Articles
EigenLayer's X Account Hacked to Promote Fraudulent Airdrop
Oct 19, 2024 at 04:30 pm
In the early hours of Friday, the official X (formerly Twitter) account of EigenLayer, a prominent restaking protocol, was compromised and used to promote a fraudulent airdrop, according to a confirmation from its developer, Eigen Labs.
A prominent restaking protocol, EigenLayer, had its official X (formerly Twitter) account compromised in the early hours of Friday, which was then used to promote a fraudulent airdrop, its developer, Eigen Labs, has confirmed.
The hackers used the account to post misleading posts about a fake reallocation of EIGEN tokens for Season 2 of EigenLayer’s airdrop. The malicious campaign attempted to get users to click on suspicious links and make claims under false pretenses.
The Aftermath And The Details
After the hack, Eigen Labs quickly alerted users to the breach, urging them to not interact with the posts and the fraudulent links.
The developer highlighted the need to verify any communication and ensure that users were engaging with the real EigenLayer domain, “eigenlayer.xyz.”
The @eigenlayer handle has been compromised. Please do not engage with any suspicious links and actively double check and verify you are engaging with ‘https://t.co/tg4hzOLtP5‘.
An update will be provided once secured.
— Eigen Labs (@eigen_labs) October 18, 2024
The fake airdrop posts on EigenLayer’s X account followed a specific pattern, starting with a message announcing a false EIGEN token reallocation for Season 2 stakers.
The initial post included a malicious link to trick users into participating in the fraudulent scheme. Soon after, the hackers posted another message urging users to make a claim and finally shared a third “final call” post to amplify the urgency.
These posts closely mimicked the legitimate announcement for EigenLayer’s actual Season 2 stakedrop, which was released in September and whose claim period had already concluded.
The Bust
The fake promotion was quickly picked up by Scam Sniffer, a crypto anti-scam platform, which confirmed that the posts included harmful links.
🚨 EigenLayer’s X account was compromised and posted phishing tweets. pic.twitter.com/lInHpMIEIM
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) October 18, 2024
The platform warned users of the risk and advised them to not engage with the posts. Meanwhile, the blockchain investigator, ZachXBT, has already put out an early warning on his Telegram channel.
ZachXBT informed his subscribers that EigenLayer’s X account had been compromised. He cautioned against clicking on any links shared from the account during the breach.
EigenLayer’s X account was compromised earlier today. Please do not click on any links shared from the account until further notice.
— zachxbt (@zachxbt) October 18, 2024
Notably, the scam incident involving EigenLayer is not a new tactic. Hackers have frequently used this method to lure investors into scams.
Recently, the FBI arrested the perpetrator behind the January hack of the US SEC’s X account, which led to a false post claiming the US SEC had approved the listing of spot Bitcoin exchange-traded funds—a move the SEC had not officially announced.
The relevant sections of this article were created with the assistance of an AI language model.
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