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Rocket Pool Protocol Faces Deception-Based Attacks on X Platform: Safety Warnings Misused

Algoine News
Summary:
Members of the X platform report that alerts about the hacking of Rocket Pool, a major Ethereum decentralized application (DApp), are actually the work of cybercriminals. After several unusual posts appeared on Rocket Pool's account, users were urged to migrate their assets due to purported safety concerns. Meanwhile, Rocket Pool was warning its users on other social media platforms not to respond to these messages. This situation follows an earlier X hacking incident involving the US Securities and Exchange Commission's account. As of now, questionable messages still appear on Rocket Pool's X page.
Members of X (previously known as Twitter) have revealed that alerts concerning the Rocket Pool protocol’s breach are in fact, the actions of cyber attackers. Six alerts got posted on the Rocket Pool account on X, commencing at 6:30 pm, Universal Time Coordinated. The posts got deleted at about 7:05 pm UTC but resurfaced again within a few minutes. "A flaw has been identified in our smart contracts currently under exploitation by malicious individuals. We cannot assure the protection of any assets linked to our smart contracts at this moment. Kindly shift your assets below for safety," was the message displayed on Rocket Pool's account on X. This warning was interspersed with similar ones, such as: "Malicious players are executing phony deposit heists. Ensure your assets' safety by shifting to the new contract listed below." There are also reports of other unsuitable messages making their way onto the account. Rocket Pool, meanwhile, was cautioning those on other social platforms not to react to the alerts. These cautions were swiftly recognized and relayed onto X, which quickly got overwhelmed with them. Rocket Pool, as per DefiLlama's listing, is the fifth-biggest Ethereum decentralized application (DApp) with a total locked-in value of $2.9 billion. The mainnet was introduced in November 2021. A cyber attack event on X that happened on January 9 drew significant attention from the X crypto community. The hacking involved the United States Securities and Exchange Commission (SEC) account, where approval notices for spot Bitcoin exchange-traded fund applications got released ahead of time. Suspicious posts can still be spotted on the Rocket Pool X page at the time of this report.

Published At

1/17/2024 11:11:50 PM

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