u.today
Crypto oracle and infrastructure service provider Flare Networks has issued a major security alert to its community. This comes as the Ripple Labs ally confirmed that one of its developer accounts on the X social media platform has been compromised.
Flare dev hub exploit
According to the update shared on its official X account, Flare advised its community not to click any links, download files or interact with recent messages from the dev account until further notice.
As
Over the past few years, attackers have often capitalized on the popularity of XRP to issue fake airdrop campaigns to users. In a bid to drive legitimacy into these fraudulent campaigns, the scammers often impersonate Ripple Executives — especially CEO Brad Garlinghouse.
With the help of AI-generated videos, the likelihood of scams has grown, creating new responsibility for projects to protect their communities.