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Market News

Renzo Discord Hacked by Scammers Promising Rewards

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published July 22, 2024 4:59 PM·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Renzo Discord Hacked by Scammers Promoting Fake Tokens

The Renzo Discord server has been compromised by malicious actors. Users are warned to avoid all messages and links from server admins as they are potentially dangerous. 

Until further notice, users are advised to consider all communication within the server potentially harmful. The Renzo team is working diligently to secure the platform and appreciates the community’s patience.

Image Source: ZachXBT Telegram 

The renowned blockchain investigator ZachXBT was the first to identify the breach. ZachXBT quickly alerted the community on their Telegram channel, warning about a phishing link circulating within the Renzo server. This link falsely claimed to offer retroactive rewards for users’ loyalty.

According to the message from the scammer, Renzo had announced the beginning of the Renzo claims today. This initiative aimed to reward holders of $REZ and positions containing $REZ and $ozETH with retroactive rewards for their loyalty. The announcement also extended an invitation to community members without holdings, welcoming everyone to sign up using their wallets to be part of the official distribution list. At the end posted a phishing link to scam every user that clicks the link.

The Renzo team is investigating the breach and working to restore the security of their Discord server. Community members are advised to stay vigilant and await further updates from official Renzo channels.

Also Read: WazirX Suspends Trading After $230 Million Cyberattack

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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