On July 24, a gaming-focused decentralized autonomous organization (DAO) called Treasure issued a warning to its users that some of its X accounts had been compromised. The accounts Playontreasure and Playbridgeworld were taken over by hackers, and the company urg ed its community not to interact with any links shared by these accounts. After working to regain access, the crypto game publisher managed to put the X accounts back in the "rightful hands" and resolved the issue on July 25.
However, the company did not disclose further details about the hack, including whether any users were affected by the security breach. Nonetheless, Treasure cautioned its users to exercise caution and remain vigorous, as the company's team has observed a significant increase in phishing attempts within the Treasure community and the wider Arbitrum ecosystem.
This incident comes amid a rising trend of phishing attacks in the cryptocurrency space, with even Binance CEO Changpeng Zhao warning about the increasing number of such hackers. Zhao advised exchange users to opt for hardware-based two-factor authentication (2FA) systems instead of mobile carrier-based 2FA for better security.
At the ethereum/">Ethereum Community Conference 6 event in Paris, Polygon's Chief Information Security Officer, Mudit Gupta, shed light on the challenges of being a defender in the security space. Gupta emphasized the need to cover every potential entry point, as attackers often seek out Vulnerabilities to exploit and gain unauthorized access.
