Scam Alert: LayerZero CEO Twitter Account Hacked, Crypto Community Buzzing

Key Points:

• LayerZero CEO’s Twitter account has been compromised, leading to the posting of fake information and warnings to users.
• The fake tweets referenced the game Artifact, which was discontinued two years ago, raising concerns about the attacker’s motives.
• Users are advised to be cautious, avoid clicking on suspicious links, and wait for official updates from the project team to stay informed about the incident.

The crypto community is buzzing with the recent incident that LayerZero CEO Bryan Pellegrino’s Twitter account has been used by bad guys to post fake information.

LayerZero, a cross-chain interoperability protocol, has publicly confirmed that its CEO’s Twitter account (@PrimordialAA) has been compromised, warning users not to click on any strange links or engage in suspicious behaviors.

According to current information gathered by Coincu, Pellegrino’s account posted a tweet regarding Artifact, a card game he also participated in 5 years ago.

Artifact is a digital collectible card game in which players construct decks of collectible cards acquired from the Steam Marketplace in order to beat an opponent in one-on-one combat. It borrows heavily from the Valve-developed multiplayer online combat arena game Dota 2.

This is a game that died two years ago, and it is unclear whether the attacker’s purpose is to call the community back to this game or to exploit user information.

Artifact failed because it was review bombed early on, with players dissatisfied with the apparent pay-to-win mechanics; this drove new players away, preventing the game economy from stabilizing at a point where the cost of building winning decks would have been comparable to other digital card games like Hearthstone.

Besides taking advantage of Twitter users who are worried about information being stolen, LayerZero’s fake account pages also post reclaimed content if it is affected by the hack; this is completely a form of a scam aimed at appropriating user assets.

Currently, users should not click on strange links and wait for official information from the project team to update related events.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Harold

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