This Web3 Platform’s X Account Has Been Compromised

This Beoble Web3 Platform has experienced a compromise in its X account, resulting in the spreading of a harmful phishing link. Users are cautioned against clicking on any links from the X account until further notice, as the account is currently under unauthorized control. This incident highlights the increasing sophistication of cybercriminals who are targeting the cryptocurrency community.

Beoble, a Web3-based chatting platform supported by prominent entities like Animoca Brands, Samsung Next, HashKey Capital, and Digital Currency Group, is now at the center of this security breach. The phishing attempt is particularly clever as it capitalizes on the verified status of Beoble’s X account to add credibility to the airdrop scam. Despite awareness campaigns about such scams, users are being promised a chance to claim an airdrop.

Scam Sniffer has observed a significant rise in personal crypto scams, with approximately 57,000 individuals falling victim and suffering a collective loss of nearly $47 million last month. Many of these scams involved phishing on various social media platforms, including X (formerly Twitter). Ethereum mainnet users were hit the hardest, accounting for 78% of the total victims in February, with a theft amounting to $36.2 million. The stolen assets also included around $40 million worth of Ethereum-based ERC20 tokens, highlighting the extensive impact of these operations.

However, there have been success stories in combating such attacks. Recently, ZachXBT managed to thwart a phishing attempt targeting $4.3 million in Artificial Liquid Intelligence (ALI) tokens through swift community action and an emergency governance vote to burn the compromised tokens.

Amidst the growing threat of phishing attacks, Ashish Singhal, the co-founder of the crypto exchange CoinSwitch, advises users to remain vigilant. Singhal recommends double-checking all access and signatures made for wallets and suggests using a trusted custodial service if users lack confidence or familiarity with on-chain security.