dYdX Foundation Warns That No dYdX v4 Testnet-related Airdrops Have Been Announced

The dYdX Foundation tweeted that dYdX has not released any token airdrop news or offers related to the dYdX v4 public testnet, beware of scams. Users should be careful and consider any non-platform announcements related to the dYdX v4 public testnet as a potential scam.

On July 21, not only dYdX, but the Twitter account of DeFi protocol founder Uniswap was also hacked to post fraudulent token airdrop and distribution links. Fortunately, after a few hours, control over the account was restored, tweets with a phishing link were deleted.

Often scammers impersonate well-known crypto Twitter accounts to lure users to malicious websites. In 2020, several major Twitter accounts, including Jeff Bezos, Elon Musk, Joe Biden, Barack Obama, and Bill Gates, fell victim to a cryptocurrency-related hack. According to a Kaspersky Lab report, the number of such attacks has increased by 40% compared to the previous year.

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