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Home»ADOPTION NEWS»Just days after the token airdrop, Orderly Network revealed that Discord had been compromised.
ADOPTION NEWS

Just days after the token airdrop, Orderly Network revealed that Discord had been compromised.

By Crypto FlexsAugust 29, 20242 Mins Read
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Just days after the token airdrop, Orderly Network revealed that Discord had been compromised.
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Two days after launching the new ORDER token staking and claiming feature, Orderly Network has revealed that their official Discord channel has been compromised. A malicious actor posted an airdrop claim link that led to a phishing site. Posted by X user @Aceleansol.

“Don’t click on any links until we tell you everything is clear.” Orderly Team Wrote Thursday on social media platforms X and Telegram. The only messages currently accessible from Orderly fluoride A set of rules posted by bots in 2023.

The news comes amid an ongoing campaign to expand the protocol’s staking program, which will pay out 60% of Orderly’s net revenue to participants who stake ORDER tokens. The token generation event, which will airdrop 92 million tokens to eligible users, began on August 26.

The platform also runs a gamified “Road to The Order” campaign that rewards users to encourage usage. Orderly has seen over $80 billion in total trading volume from about 400,000 traders since its launch in 2022, according to its website.

Phishing scams are common in cryptocurrencies, where malicious actors compromise the social media accounts of businesses, influencers, and celebrities in an attempt to post links to smart contracts that empty the victim’s wallets. It is estimated that around $1.2 billion has been lost to cryptocurrency hacks and scams. In 2024 According to Immunefi, you are alone.

Orderly Network is an aggregator for DeFi platforms that provides a unified order book to solve liquidity fragmentation. Ethereum Ethereum

+1.29%
mainnet, Polygon, Optimism, Base, Arbitrum and Mantle. The tokens have been integrated into platforms such as VALR, ByBit and PancakeSwap for options trading and staking.

Recently closed $5 million strategic funding roundIn 2022, it raised $20 million from giants including Three Arrows Capital, Pantera Capital, Dragonfly Capital, Sequoia China, Jump Crypto, and Alameda Research, with another $20 million expected to be raised.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures are as follows:

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

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