Don’t Click! Scammers Are Hunting With This Altcoin Airdrop!

Phishing attacks in the cryptocurrency market have increased recently. In a recent development, phishing attackers took over Loopring’s official X account. After this, the attackers tried to prey on users with a fake LRC airdrop. Blockchain security firm PeckShield warned the community about the phishing attack. PeckShield said they should be wary of suspicious airdrops. Amid these developments, there was fluctuation in the altcoin price.

Attention: Scammers hacked Loopring’s X account!

As you follow from Kriptokoin.com, fraud is not a rare occurrence in the crypto world. We frequently witness altcoin hacks, attacks, and various scams. In the latest development, scammers were targeting Loopring users. Loopring is an open protocol designed for the creation of decentralized crypto exchanges. According to the warning made by Blockchain security company PeckShield, Loopring’s Twitter account was hacked. Phishing attackers try to prey on users with an airdrop bait. In this context, PeckShield shared the following and warned:

PeckShieldAlert Loopringorg X (Twitter) has been compromised. Please do not click on the phishing link.

Altcoin price slides down from intraday high

Blockchain security company PeckShield notified community members that Loopring’s X account had been compromised. Malicious actors are trying to redirect the Loopring community to a phishing website using airdrops as bait. By the way, it should be noted that phishing attacks are a common occurrence in the crypto world. It is beneficial for users to cross-verify when there are suspicious airdrop or giveaway announcements. Amid these developments, the altcoin price slid down from its intraday peak. After rising to $0.225 during the day, LRC slid to $0.224 with the news. However, the token continues to trade with a 3.38% increase on a daily basis.

LRC daily price chart. Ski: CoinMarketCap