Oct 2024 - Zulu Network Official X Airdrop Phishing - $Unknown (Global)
"The Native Bitcoin DePIN Layer. Zulu Network is the first DePin-focused Bitcoin Layer 2 to achieve the tokenization of computing power, allowing anyone to power DePIN innovation and earn Bitcoin."
"Built on top of the Bitcoin blockchain, Zulu Network enhances transaction speeds, reduces costs, and maintains the security of the Bitcoin network while introducing EVM compatibility."
"Blockchain technology has transformed the way individuals and organizations approach decentralization, offering benefits such as enhanced security, transparency, and efficiency. Despite the advancements in blockchain, challenges such as scalability, high transaction fees, and limited access to decentralized resources remain critical hurdles. Zulu Network aims to address these challenges by providing a layer 2 solution that optimizes tokenized computing power within a decentralized framework, utilizing Bitcoin’s security."
"The Native Bitcoin DePIN Layer. Zulu Network is the first DePin-focused Bitcoin Layer 2 to achieve the tokenization of computing power, allowing anyone to power DePIN innovation and earn Bitcoin."
"Mainnet airdrop registration starting now! We are now in half of our roadmap, starting with Testnet v1 and final step Full Zulu Mainnet. Check More. Mainnet Register. Registration process will be closed on November 5, after..."
"The @zulu_network account got compromised, please report them so Twitter freezes the account until the team can get access back."
"Until further notice, the Zulu Network Twitter account has been compromised. DO NOT CLICK ANY LINKS, DO NOT CONNECT YOUR WALLET. @zulu_network it will drain your WALLET Metamask is telling you it is a suspicious transaction."
Further Analysis
Zulu Network allows computing power to be monetized into bitcoin revenue. On October 12th, their Twitter/X account posted a new airdrop promotion, which multiple users engaged in and promoted in the hopes of receiving the airdrop. However, this airdrop was a scam and users who connected their wallets would find that they were drained. It is unclear the level of loss. The Zulu Network project does not appear to have acknowledged the incident or offered any assistance to affected users.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Kabosumama Instagram Fake Cat Kai Charity Phishing > > < < KOR Protocol Official X Account Phishing
Sources/Further Reading
@OTPYRCEVOLUTION Twitter (Dec 31)
@zulu_network Twitter (Dec 31)
@rodeo_crypto Twitter (Dec 31)
Zulu Network - The Native Bitcoin DePIN Layer (Dec 31)
@web3_antivirus Twitter (Dec 31)
@paid_network Twitter (Dec 31)
@0xBigDre4ms Twitter (Dec 31)
@krissh_naa Twitter (Dec 31)
@ReaPromotes Twitter (Dec 31)
@Lovato_Crypt Twitter (Dec 31)
@Rakibcoorg Twitter (Dec 31)
@DaenerysS89 Twitter (Dec 31)
@oexcommunity Twitter (Dec 31)
@Crypto_rigger Twitter (Dec 31)
@OTPYRCEVOLUTION Twitter (Dec 31)
@tzoum13 Twitter (Dec 31)
@SanaNisti Twitter (Dec 31)
@BillionzDeFi Twitter (Dec 31)
@MdAltafxyz Twitter (Dec 31)
@akhaura360 Twitter (Dec 31)
@LouisVicto15206 Twitter (Dec 31)
@ChristianJ97078 Twitter (Dec 31)
@BPexc Twitter (Dec 31)
@leooneer Twitter (Dec 31)
@MaverickLeviX Twitter (Dec 31)
@MikeEze18 Twitter (Dec 31)
@krissh_naa Twitter (Dec 31)
Zulu Network - The Native Bitcoin DePIN Layer (Dec 31)
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