Flare Networks confirmed that its dev hub account on the social network X was compromised for malicious purposes. The company warned its community not to click on links, download files, or interact with recent messages coming from the affected account.
The company clarified that any posts from the hacked account do not represent the Flare team and may be harmful. The last legitimate update from the dev hub was recorded nine hours before the alert and included the LayerZero scan and the total value secured by the protocol.
So far, no financial losses have been reported among community members as a result of the incident. The platform is working to recover the account and plans to share real-time updates with users.
A recurring scam phenomenon is taking place in the XRP ecosystem, where attackers have created fake airdrop campaigns and impersonated Ripple executives, especially CEO Brad Garlinghouse. The use of AI-generated videos has increased the sophistication of these scams, forcing projects like Flare to strengthen the protection of their accounts and official communications.
Source: https://x.com/FlareNetworks/status/2020784287369298240
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