Polygon Discord Server Hacked, $145K Stolen as Hackers Impersonate Support Agents

Polygon's Discord server recently faced a security breach that resulted in the theft of approximately $145,000 from one user.

Polygon’s Discord server was breached on August 23, leading to the theft of approximately $145,000 from one user, the company’s Chief Information Security Officer Mudit Gupta has confirmed. The incident occurred when hackers managed to infiltrate the community channel, posing as support agents and sharing malicious links.

The breach raised concerns about Polygon’s security protocols, despite assurances that two-factor authentication (2FA) was enabled for privileged accounts. Notably, this breach occurred during preparations for a major network upgrade, which includes transitioning from the native token MATIC to the new POL token, set to launch in September.

The wallet address involved in the attack was linked to prior phishing incidents. Ten days ago, it transferred over $72,000 worth of ether to another wallet flagged by Etherscan as a phishing perpetrator. Additionally, five days ago, the same wallet moved an additional $29,500 worth of ether to another flagged wallet, which now holds $150,000 in assets. These transactions highlight the persistent risks associated with such phishing schemes, reported Crypto News Land.

We have regained access and secured the Polygon community discord server.

All external bots and integrations have been disabled while we perform a security review of each of them to avoid this from happening again. Some features may be limited for a while, but you are free to… https://t.co/TuP9XOLWFf

— Polygon | Aggregated (@0xPolygon) August 24, 2024

Discord hacks have become increasingly common within the cryptocurrency community, where Discord is a primary communication tool. These channels often contain critical information and asset management tools, making them attractive targets for cybercriminals. Earlier this year, similar incidents affected other crypto platforms, such as Arbitrum and Gnus.AI.

However, a recent Chainalysis report indicated a decline in overall illicit cryptocurrency transactions in 2024, despite an increase in specific criminal activities.