Discord server of ETC Cooperative Hacked: False Info Released in the Airdrop

04/19/2023 02:10 • Daily Digest • 61 views

According to reports, according to CertiK monitoring, ETC Cooperative’s Discord server has been hacked and hackers have released false airdrop information. Do not click on any links until the team confirms that they have regained control of the server.

ETC Cooperative’s Discord server has been hacked

Introduction

On the 6th of July 2021, news broke out that the Discord server of ETC Cooperative was hacked. Hackers released false information regarding an airdrop, which ETC Cooperative has warned all users not to trust or click any suspicious links until an official update is given.

What Happened

According to reports, CertiK, a security company, monitored the event and confirmed that hackers gained access to ETC Cooperative’s Discord server. They then proceeded to post a fraudulent message that spread like wildfire, propagating through multiple communities within the ETC network.
The message claimed that ETC Cooperative would be airdropping 50 million ETC tokens to their members as part of their fifth-anniversary celebration. The message also included an alluring promise of receiving $150 worth of ETC for those who clicked the link provided in the message. Little did the members know, this was an elaborate scheme to scam them of their money and personal data.

What the Experts are Saying

As this type of airdrop is not a common practice used by cryptocurrency exchanges, many experts within the crypto community have come forward urging users to steer clear of any suspicious messages that they come across, especially regarding airdrops.
According to Daryl Hok, CEO of CertiK, “We want to remind people to always be cautious when receiving information regarding airdrops. Always check with the project’s official sources for information on any rewards or promotions.”
Another expert, blockchain lawyer Jake Chervinksy, emphasized the importance of being careful around these false airdrops. According to him, “Fraudulent airdrop schemes are terribly common in the crypto world, and they’re quite effective. We must always remain diligent and skeptical.”

Precautions for Users

ETC Cooperative has urged members to be extra cautious during this period and has confirmed that the ETC Cooperative team is investigating the issue. They have also advised members not to trust any messages or links relating to the alleged airdrop but rather await an official update on this issue.
It is crucial to note that ETC Cooperative’s official announcement concerning the issue will come via their Official Twitter Handle. Any information outside of this handle should be considered fraudulent, and caution should be exercised.

How to Stay Safe

In conclusion, the crypto community must stay vigilant and exercise caution when engaging with online promotions or airdrop-related messages that seem too good to be true. Always verify the authenticity of the message and check with the official sources before clicking on any links.
Avoid disclosing personal information such as passwords, pins, or private keys. Always enable two-factor authentication (2FA) for all your digital wallets and accounts to limit security breaches.
Staying safe and secure in the crypto world is paramount, so always approach all online activities with caution.

FAQs

1. Why are fraudulent airdrops common in the crypto world?

Fraudulent airdrops are common in the crypto world because it is challenging to verify the authenticity of messages and promotions, and it’s easy to create false information to scam unsuspecting members.

2. What is the best way to verify the authenticity of airdrop-related messages?

The best way to establish the authenticity of airdrop-related messages is by checking with the official sources and via their social media handles.

3. How do I stay safe in the crypto world?

To stay safe in the crypto world, always exercise caution when engaging with online promotions or messages that may seem too good to be true, and always verify the authenticity of the message with the official sources before clicking on any links.

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