Discord Server of ETC Cooperative Hacked: False Airdrops Alert

According to reports, according to CertiK monitoring, ETC Cooperative’s Discord server has been hacked and hackers have released false airdrop information. Do not click on any links until the team confirms that they have regained control of the server.

ETC Cooperative’s Discord server has been hacked

**Outline**
* Introduction
* The Incident: ETC Cooperative’s Discord Server Hacked
* False Airdrop Information Circulated by Hackers
* What Is ETC Cooperative?
* What Is Discord?
* Risks Associated with Discord Servers
* Precautions to be Taken by Users
* Steps Taken by ETC Cooperative to Regain Control
* Conclusion
* FAQs
**Article**

Introduction

The world of cryptocurrencies is becoming increasingly complex, with new players entering the market every day. Staying informed about the latest news and developments in the cryptocurrency industry is essential for investors and traders. However, this is not always easy due to the ever-increasing number of platforms and channels available. One such channel, Discord, has recently been in the news for all the wrong reasons.

The Incident: ETC Cooperative’s Discord Server Hacked

According to reports by CertiK, the monitoring service of blockchain security, the Discord server of the Ethereum Classic Cooperative (ETC Cooperative) was hacked on May 14, 2021. The hackers gained access to the server and took control of it. The ETC Cooperative, a non-profit organization that supports the Ethereum Classic blockchain, is a trusted name in the cryptocurrency industry. Therefore, this hack is a significant event that has raised concerns among its users.

False Airdrop Information Circulated by Hackers

Once the hackers gained access to the server, they released false information about an airdrop that was set to take place. They encouraged users to click on links provided in the announcement to claim their free tokens. However, this was just a ploy to gain access to users’ wallets and steal their funds.

What Is ETC Cooperative?

Before discussing the hack in detail, it is essential to understand what the ETC Cooperative is and its role in the cryptocurrency industry. The ETC Cooperative is a non-profit organization that supports the Ethereum Classic blockchain. Its mission is to ensure the growth and stability of the Ethereum Classic ecosystem. It provides funding for core development, marketing, and community events.

What Is Discord?

Discord is a popular communication platform used by gamers, developers, and communities to communicate and collaborate in real-time. It offers voice and text chat, making it an ideal tool for team communication. It is increasingly being used by cryptocurrency projects to connect with their communities.

Risks Associated with Discord Servers

Discord servers can be vulnerable to attacks, as they offer an easy channel through which hackers can spread malware, phishing links, and other malicious content. It is important to be aware of the risks associated with Discord servers and to take precautions to protect your information.

Precautions to be Taken by Users

Users are advised not to click on any links provided in the announcement until the ETC Cooperative team confirms that they have regained control of the server. It is also recommended that users enable two-factor authentication (2FA) on their Discord accounts to increase security. Users should also avoid sharing sensitive information, such as passwords, on any public channels.

Steps Taken by ETC Cooperative to Regain Control

The ETC Cooperative has taken swift action to address the situation. It has issued a warning to its followers on Twitter, urging them not to click on any links provided in the announcement. It has also temporarily suspended its Discord server to prevent any further dissemination of false information. The ETC Cooperative team is currently investigating the incident and taking steps to regain control of the server.

Conclusion

The hack of ETC Cooperative’s Discord server is a stark reminder of the importance of cybersecurity in the cryptocurrency world. Hackers are constantly looking for vulnerabilities to exploit, and it is up to users and organizations to take proactive measures to protect themselves. While Discord is a great tool for connecting with communities, it is also essential to be aware of the risks associated with it.

FAQs

1. What is an airdrop in the context of cryptocurrency?
An airdrop is a marketing campaign by cryptocurrency projects, where they distribute a certain amount of tokens to users for free.
2. How can I protect my cryptocurrencies from hackers?
Users can protect their cryptocurrencies by using a hardware wallet, enabling 2FA, and avoiding clicking on suspicious links.
3. Is it safe to use Discord for cryptocurrency-related conversations?
While Discord is a convenient platform for communication and collaboration, it is important to be aware of the risks associated with it. Users should take precautions to protect their information and avoid sharing sensitive details on public channels.
**Keywords:** Discord, ETC Cooperative, cybersecurity, cryptocurrency, airdrop, hacking, two-factor authentication, phishing.