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Treasure DAO, a decentralized organization in the Arbitrum ecosystem, has warned its users on Twitter about fake airdrop announcements containing social media attacks. The Treasure DAO team stated that there has been a significant increase in phishing attempts within the community and the Arbitrum ecosystem. Officials recently alerted their users about the compromise of certain Twitter accounts. The company reminded the community that they have no plans for an airdrop, mint event, or anything else.
Treasure Warns Users After the Attack
Decentralized gaming publisher Treasure announced on July 24th in a tweet that their affiliated Twitter accounts, Play on Treasure and Play Bridge World, were compromised by hackers. The organization warned users to avoid interacting with links shared by these accounts.
After attempting to regain access to the accounts, the crypto gaming publisher tweeted on July 25th that they had successfully retrieved the accounts and resolved the issue.
The company did not provide any further information on how the attack occurred or whether any users were affected by the recent security breach. However, the company emphasized the significant increase in phishing attempts within the Treasure community and the broader Arbitrum ecosystem, urging users to be extremely cautious and stay safe.
Industry Leaders Call for Solutions
On July 21st, Binance CEO Changpeng Zhao warned the crypto world about the increasing number of identity attacks. CZ urged exchange users to use hardware-based two-factor authentication systems instead of mobile device-based 2FA.
At the recent Ethereum Community Conference in Paris, Mudit Gupta, the Chief Security Officer of Polygon, discussed the challenges of being a user in the security world. According to Gupta, users are responsible for securing each potential entry point. Gupta emphasized that even the slightest distraction can create risks, highlighting that attackers can seize wallet information with just one mistake and exploit the rest.
