Deceptive Contract Breach Claims Target Rocket Pool X Users by Hackers

Deceptive Contract Breach Claims Target Rocket Pool X Users by Hackers


Hackers Mislead Rocket Pool X Users with False Contract Breach Claims

Followers of Ethereum-based staking protocol Rocket Pool’s X account have been deceived by hackers who took control of the account and spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday, alarming warnings surfaced on the Rocket Pool X account, falsely claiming vulnerabilities in their smart contracts and urging users to migrate their assets to a new contract for safety.

Fake Messages Warning Against Bad Actors Flood In

The messages, posted intermittently, warned of bad actors exploiting the protocol’s smart contracts and created a sense of urgency among users to take immediate action. However, several users, including the popular account Webacy, pointed out the scam attempt and advised not to migrate assets.

Rocket Pool Issues Warnings Through Other Comms Channels

Rocket Pool itself warned users through other platforms that hackers had taken over its X account. Many users also helped spread the message on X. However, despite efforts to counteract the misinformation, users on X continued to be bombarded with fake warnings.

Continued Presence of Suspicious Messages

As of now, suspicious messages can still be found on the Rocket Pool X page, almost 24 hours after the initial post. The incident adds to a series of recent high-profile social media hacks, including the compromise of the US Securities and Exchange Commission (SEC) account. Rocket Pool is listed as the fifth-largest decentralized application (dApp) on Ethereum with $3.12 billion in total value locked (TVL).

Hot Take: Hackers Mislead Rocket Pool X Users

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Hackers gained control of Rocket Pool’s X account and spread false information about a smart contract breach. These misleading messages urged users to migrate their assets to a new contract. Despite warnings from users and Rocket Pool, the fake messages continued to appear on the account. This incident highlights the ongoing issue of social media hacks and the need for increased security measures. As a user, it is important to stay vigilant and verify information before taking any action. The crypto community should work together to combat these scams and protect each other from fraudulent activities.

Deceptive Contract Breach Claims Target Rocket Pool X Users by Hackers
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