As a seasoned crypto investor with scars from more than a few battlefields, I can confidently say that this latest incident involving EigenLayer is another chapter in the never-ending saga of scams and hacks in the cryptosphere. It’s like a game of whack-a-mole: just as you think you’ve plugged one hole, another pops up somewhere else.
On the morning of Friday, it was discovered that the main account of EigenLayer, a well-known re-staking protocol, had been hacked and exploited for advertising a fake airdrop. This information was confirmed by the developers at Eigen Labs.
As a researcher, I uncovered an instance where hackers manipulated an account to disseminate false information regarding the redistribution of EIGEN tokens for EigenLayer’s Season 2 airdrop. This malicious tactic aimed to entice users into interacting with questionable links and submitting claims under false pretenses.
The Aftermath And The Details
After the security incident, Eigen Labs quickly notified their users about the data leak, advising them to refrain from engaging with the suspicious content and deceptive links.
The developer emphasized the importance of verifying any communication and ensuring that users were engaging with the legitimate EigenLayer domain, “eigenlayer.xyz.”
The account associated with “@eigenlayer” appears to have been hacked. Avoid clicking on any dubious links, and make sure to confirm that you’re interacting with the authentic ”.
An update will be provided once secured.
— Eigen Labs (@eigen_labs) October 18, 2024
On EigenLayer’s X account, the misleading airdrop announcements appeared to follow a consistent sequence, starting with a statement hyping up a fictitious redistribution of EIGEN tokens for participants in Season 2.
This initial post contained a malicious link to trick users into participating in the fraudulent scheme. Shortly after, the hackers posted another message urging users to make a claim and finally shared a third “final call” post to amplify the urgency.
As a researcher, I’ve noticed that several posts appear to have been modeled after the authentic announcement for EigenLayer’s Season 2 stakedrop, which was published in September and whose claim period has already elapsed.
The Bust
Swiftly recognizing the deceptive crypto advertisement, the anti-scam platform, named Scam Sniffer, pointed out the presence of detrimental links within the promotional content.
EigenLayer’s X account was compromised and posted phishing tweets.
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) October 18, 2024
1) On the platform, users were alerted about the potential danger and encouraged to steer clear of interacting with the content. Simultaneously, blockchain detective ZachXBT had previously issued a heads-up on his Telegram channel.
ZachXBT alerted his followers that someone had hacked into EigenLayer’s account ‘X’. He advised people not to click on any links posted from this account while the security breach was ongoing.
Remarkably, the fraud case linked with EigenLayer isn’t an unprecedented strategy; in fact, it’s a technique frequently employed by hackers to entice investors into fraudulent schemes.
Lately, it was the FBI who apprehended the individual responsible for the January cyber attack on the U.S. Securities and Exchange Commission’s X account. This hack resulted in a deceptive announcement stating that the SEC had authorized Bitcoin spot exchange-traded funds listing—a decision the SEC hadn’t formally made public yet.
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2024-10-19 11:42