Despite billions in VC investment, many Web3 crypto platforms still don’t seem to have thought through user protection quite enough in their quest to seize on the excitement and money flowing through the system.
Case in point, today Justin Kan’s NFT platform Fractal suffered a security breach when a scammer hacked the announcement bot for the startup’s Discord which sent out a fraudulent link to the platform’s more than 100,000 users, urging them to pay up for a new NFT. The message promised users access to 3,333 commemorative NFTs designed to celebrate the platform’s success, but the link was faked with a URL for fractal.is that swapped an “i” for the “l” taking …
