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The decentralized game publisher said their team has witnessed a significant rise in phishing attempts within their community and in the Arbitrum ecosystem. A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that they don’t have airdrop s, new mints or anything else planned.  In a tweet published on July 24, decentralized game publisher Treasure posted that their X accounts Playontreasure and Playbridgeworld were taken over by hackers. The organization warned users to refrain from interacting with links shared by the accounts. PSA Please do not interact with links shared by @PlayOnTreasure + @playbridgeworld at this time. The accounts have unfortunately been hacked and we are working to regain access. There is NO airdrop , new mint of TreasureTags, or anything else planned for today. Be safe. — Treasure (@Treasure_DAO) July 24, 2023 After working to r...

In hopes of attracting organic activity, airdrops were once a popular way to bootstrap adoption for new crypto networks. XRP was particularly attractive due to its ultra-low transaction fees. When the SEC sued Ripple for conducting an unregistered securities sale in December 2020, several XRP -friendly airdrops were quickly launched. Fearing that the US government might shut down the XRP Ledger, win a debilitating financial settlement against Ripple, or otherwise inhibit growth in the industry, many projects viewed early 2021 as the last opportunity to run a successful airdrop campaign to XRP token holders. However, most social media accounts of airdrops from this time either no longer exist or have become inactive. Some accounts claimed to support a good cause; others used a celebrity’s image — possibly without permission — or used suspicious marketing tactics. Flare (FLR) airdrop The largest airdrop in XRP history was Flare. It took a snapshot of the XRP network on...

The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens. Ethereum layer-2 scaling solution Arbitrum's upcoming "ARB" token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of Phishing Scams aimed at tricking crypto users. Announced in a March 16 post by the Arbitrum Foundation, the airdrop will send out 10 billion governance tokens via a token airdrop, allowing holders to vote on code changes. The airdrop is set for March 23. Unfortunately, the development has led to more than a few attempts from scammers to set up fake token airdrops aimed at stealing funds from victims ahead of the officially slated event. Blockchain security company Redefine in a March 19 post said it found a website impersonating an official Arbitrum airdrop website. The screenshots show a user is asked by the website to allow access to their funds, which would presumably resul...