In the context of today’s high-speed NFT and cryptocurrencies, security is king. Earlier this year, there were rumors that the Captcha bot was hacked, creating panic to the users especially those being used in Discord servers. But research has shown that it was not a hack at all, but a phishing attack on Discord’s weaknesses.
The Captcha Bot Confusion
Discord bots have long been a problem of phishing NFT communities through the usage of Captcha to check the users before participating in chats or using channels of a server. The confusion emerged after a hack in the Bored Ape Yacht Club (BAYC) Discord server and it was initially thought to be related to the Captcha bot. This led to the start of fear as many concluded that Captcha bot accounts had been hacked
But after a detailed analysis, professionals pointed out that it was not the Captcha bot that was manipulated by the hackers. But instead the attackers had been employing phishing to invade theRC users’ data. This was the case because the scammers wanted members to give them their personal details and these scammers used fake websites links with the appearance of being real but were in fact created to obtain the members’ details.
How Phishing Attacks Work
Phishing is the real-life emulation of trusted parties with an intention of extracting confidence and other sensitive aspects from people. As for these Discord scams, scammers sent out fake invites or links to projects mimicking other NFT communities. From here, the simple actions performed by an unsuspecting user that followed these links could lead to the inputting of private keys or wallet information, and therefore the theft of their NFTs or other crypto assets.
Phishing is different from ordinary hacks, which involve finding a flaw within a system and take advantage of it. This means that it is important for members of the NFT community to be wary of unwanted messages and invitations
Here are a few essential tips to safeguard your digital assets:
- Avoid Clicking on Unknown Links: Also, when reading the post, verify the URL credentials since they may belong to fake news sources. More often than not, scammers will clone the real website with nearly similar semblances, but the domain name will be slightly different.
- Enable Two-Factor Authentication (2FA): Use two-factor authentication on your accounts to increase the layers of security. This makes it difficult for those with your login details to gain entry into your account since the account details are only required once in a while.
- Do Not Share Private Keys: Never, ever forward your private keys, seed phrases, or any other personal data to anyone, including if the person claims to originate from a reputable company. This information should not be given to any service provider since any genuine service does not require these details.
- Use a Separate Wallet for Minting: It is best to keep your precious tokens and cryptocurrencies in a different wallet when you are minting new tokens. Use ETH only to pay for the gas fees and avoid transferring large amounts of actual currency to scam artists
The best way to avoid falling trap to such scams will be to ensure that you follow trusted crypto and NFT news sources on the web. It is equally important to be aware of the current threat so as to protect one’s investments.
Conclusion
Although there was the Captcha bot in Discord users got worried, it is crucial to point out that the attack occurred through phishing, not by hacking the bot. Despite the development of the NFT market, there is a major downside to this type of investment. It means you will be able to avoid becoming a victim of these attacks and to safely remain in the constantly growing world of NFTs. Please do not forget that security is a major concern when dealing with anything in this field.
