Aug 2024 - Avalanche Official Discord Compromise Fake Airdrop - $Unknown (Global)
"Build anything you want, any way you want on the lightning fast, scalable blockchain that won’t let you down. Choosing the wrong blockchain can kill your dApp before it ever has a chance to succeed, but it doesn’t have to be this way. Launch with confidence on Avalanche." "Avalanche has the advanced tooling you need to accelerate from idea to launch. Don’t miss out because it took too long to deploy on Mainnet. Take advantage of the low-code tooling and configurability that makes it easy to launch your Web3 innovation in less than 60 seconds."
"Subnets set a new bar for scalability, without sacrificing speed, reliability, and security. Users hate waiting. Scaling at the cost of performance or security is not an option. Avalanche’s novel architecture allows for a universe of independent, but interconnected, blockchains that are all validated and kept secure by dynamic subsets of validators." "Over the last year, tens of thousands of people came together at Avalanche events worldwide. As one of the industry’s most diverse and supportive communities, Avalanche boasts members from all walks of life, with over 18 languages supported across the 1M+ strong online community."
"The Avalanche $AVAX Token Distribution Has Started! It's time to launch the distribution phase of the $AVAX program. Holder & community members are free to claim below on our claim portal. $AVAX - 4% of initial supply will be distribute to all community members & campaign participants. We hope to see everyone participate & a huge thank you to the community and everyone who made this possible!"
URL Of Scam Site: avaxsnetwork.com/claims
"In an Aug. 25 post to X, the official account for Avalanche shared that its Discord server had been compromised and urged users not to interact with or click on any links.
According to screenshots shared by members of the Avalanche Discord on X, the attackers posted several links to sham “distribution” schemes for Avalanche tokens, claiming that holders and community members could claim free AVAX."
"An hour later, Avalanche’s community lead, Ben Well, wrote that the Avalanche team had “found” the issue and resolved it. He added that the team was working to restore the server to normal."
"UPDATE: The official Avalanche Discord has been resecured and will reopen when CMs deem appropriate."
Further Analysis
Avalanche is an innovative blockchain which is designed to be fast and scalable, without sacrificing security. On August 25th, their official Discord channel started promoting an airdrop that was supposedly going to distribute 4% of the total supply of AVAX to participants. In reality, the Discord server had been taken over, the site was unrelated to Avalanche, and anyone who attempted to participate would have their wallet drained. It is unclear if any users fell for the scam. The server was secured within a couple of hours andbrought back online later in the day.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
ZkSync Official Discord Compromise Fake Airdrop > > < < Polygon Discord Compromise Airdrop Phishing
Sources/Further Reading
SlowMist Hacked - SlowMist Zone (Dec 31)
@alexanderchopan Twitter (Dec 31)
@BowTiedPickle Twitter (Dec 31)
Avalanche、ZKsync官方Discord服务器遭遇攻击 - PANews (Dec 31)
https://cointelegraph.com/news/polygon-discord-scam-hits-avalanche-zksync-hours-later (Dec 31)
Polygon discord compromise hits Avalanche, ZKsync hours later
(Dec 31)
Avalanche and ZKsync Discord Servers Compromised (Dec 31)
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