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Cryptocurrency News Articles

Hackers Target Decentraland (MANA) Social Media Account to Promote Phishing Site

Sep 21, 2024 at 12:55 am

Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield.

Hackers Target Decentraland (MANA) Social Media Account to Promote Phishing Site

Blockchain security firm PeckShield has detected a security breach involving crypto gaming project Decentraland (MANA).

According to PeckShield, hackers gained control of Decentraland’s social media account on X and used it to promote a fraudulent MANA airdrop.

The scam aimed to direct users to a phishing website that collected information from their digital wallets.

In such schemes, bad actors can steal crypto assets from their victims once they obtain their private keys and other sensitive data.

“Decentraland’s X has been compromised. The phishing site is launch-decentraland[.]org.  Do *NOT* click the link until further official announcements.”

After regaining control of the compromised X account, the Decentraland team notified users that the project does not launch sudden airdrops.

“We have regained access. Thank you to everyone for all of your work to keep one another safe.  As a reminder, Decentraland will NEVER do a sudden airdrop and always be cautious of links. We are reviewing safety procedures and will share more soon.”

The security breach occurred as Santiment provided a bullish outlook for Decentraland. The crypto insights firm highlighted that MANA, along with the tokens of lending platform Aave and indexing protocol The Graph (GRT), are likely to experience price surges based on a historically bullish indicator.

“Each of these top 100 market caps are seeing significant short ratios on Binance, implying liquidations would lead to big price jumps.”

Meanwhile, the X incident did not impact the price of MANA. The token is currently trading at $0.290, reflecting a 4.17% increase over the past 24 hours.

News source:dailyhodl.com

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