Hacker Commandeers X Account of Virtual Reality Crypto Project Decentraland, Promotes Fake Airdrop

Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield.

PeckShield says hackers took control of Decentraland’s social media account on X and promoted a fake MANA airdrop.

The aim of the scheme was to get people to visit a phishing site that collects details of their digital wallets.

In this type of scheme, bad actors can steal their victims’ crypto assets once they get hold of the private keys and other sensitive information.

“Decentraland’s X has been compromised. The phishing site is launch-decentraland[.]org.  Do *NOT* click the link until further official announcements.”

After taking back control of the compromised X account, the team behind Decentraland tells users that the project does not launch sudden airdrops.

“We have regained access. Thank you to everyone for all of your work to keep one another safe.  As a reminder, Decentraland will NEVER do a sudden airdrop and always be cautious of links. We are reviewing safety procedures and will share more soon.”

The security breach happened as Santiment gives a bullish forecast for Decentraland. According to the crypto insights firm, MANA, along with the tokens of lending platform Aave and indexing protocol The Graph (GRT) will likely surge based on a historically bullish indicator.

“Each of these top 100 market caps are seeing significant short ratios on Binance, implying liquidations would lead to big price jumps.”

The X incident did not affect the price of  MANA. The token is currently trading for $0.290, up by 4.17% over the past 24 hours.

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Generated Image: Midjourney