PeckShield, a blockchain security company, has warned that Gnosis's official X account has been compromised. Until the issue is fixed, users are strongly advised not to interact with any posts, links, reward campaigns, voting announcements, or wallet connection requests coming from the account.
According to the malicious post that is currently up on the Gnosis account, Gnosis users can take part in a rewards vote and receive an early bonus if they vote within the first 24 hours. This is a classic phishing technique meant to instill a sense of urgency and coerce users into clicking on phony links before confirming their legitimacy.
One of the most common attack methods in the cryptocurrency sector is still compromised social media accounts. Hackers frequently use reputable project accounts to advertise phony staking opportunities, token claims, governance votes, and airdrops. Funds can be depleted in a matter of seconds after victims connect their wallets and sign malicious transactions.
Do not interact with the compromised account if you use Gnosis. Never sign transactions, connect your wallet, click links, or divulge personal information. If users have already interacted with the phishing website, they should revoke wallet approvals right away and, if necessary, transfer assets to a secure wallet.
Dan Burgin
U.Today Editorial Team
