DeFI News by Thebittimes.Com

The Solana Network, riding a wave of increased trading activity, also sees an increase in airdrop scams.  The CEO of Nest Wallet fell victim to a phishing attack today, losing $125,000 in a fake LFG token airdrop campaign. The scam, targeting Ethereum users for migration to Solana, lured victims through a fraudulent website. Like several other users, the Nest Wallet CEO, Bill Lou, was deceived by a Google link. In his posts, Lou has asked for the help of popular blockchain investigators, including ZachXBT.  I'm devastated guys… I just got scammed out of $125k of stEth while trying to claim the $LFG airdrop . And I'm a fking founder of a wallet startup that's trying to improve wallet security… I can't believe this is happening, I've always been so careful. I saw article guide to… pic.twitter.com/x56HR2z8xK — Bill Lou (@BillLou95) January 2, 2024 This particular scam gained credibility due to its timing. Earlier today, the LFG project did annou...

The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server.  On March 25, blockchain-focused security firm CetriK revealed the possibility of a phishing link being circulated via the Arbitrum Discord server. It is suspected that a hacked Discord account of one of Arbitrum's developers was used to share a fake announcement with a phishing link. #CertiKSkynetAlert We are seeing reports that a phishing link has been posted in the @arbitrum Discord Server. Do not click on any links until the team has confirmed they’ve regained control of the server.# Phishing #Discord Stay vigilant! pic.twitter.com/XoqHmOXGeV — CertiK Alert (@CertiKAlert) March 25, 2023 The phishing message on Discord offered “the opportu...