Phishing Scam Targets Ethereum Scaling Solution Cyber

Cyber, a new Ethereum scaling solution, has become the target of a phishing scam involving a fake airdrop announcement.

Cyber, the first restaked Ethereum Layer 2 designed for social and optimized for mass adoption, in an official X post, alerted users on the alleged CYBER Airdrop scam posted on their Discord server.

🚨The @BuildOnCyber Discord server has been compromised. A phishing link was posted in the announcements channel and all permissions have been stripped. DO NOT interact with the attached announcement, DO NOT click any links!! 🚨

The team is looking into it. Will update later 🙏 pic.twitter.com/XEu0mIUItO

— Cyber (@BuildOnCyber) June 27, 2024

The scammers posted a message inviting the Cyber community to participate in the nonexistent airdrop. They urged members to sign up using their wallets and provide a one-time verification signature.

Cyber swiftly responded by warning its users about the scam and exposing the fake airdrop announcement. The platform wrote on X:

“A phishing link was posted in the announcements channel and all permissions have been stripped. DO NOT interact with the attached announcement, DO NOT click any links!!”

Shortly after, Cyber took to X to further protect its users from the scam. The platform stated that it is investigating the incident and cautioned users, “Don’t click any links on their Discord server!”

Don’t click any links on our Discord server! 🚨

Team is working on the issue!

— Cyber (@BuildOnCyber) June 27, 2024

Cyber later expressed its gratitude to community members on X, stating, “Thank you to all who have reached out to notify us of the incident.”

Cybersecurity breaches in the form of airdrop scams are not uncommon. Earlier in the month, Tether CEO Paolo Ardoino urged the community to be vigilant against such scams. He stated, “Not making names yet until the investigation is completed, but please beware of any emails suggesting crypto-airdrops received since 24 hours ago.”

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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