The X (formerly Twitter) account for decentralized finance (DeFi) protocol Compound Finance has been hacked and is now promoting a fake phishing site, according to security-related X accounts Scam Sniffer and Officer’s Notes. 

At 4:57 pm UTC, the account posted an advertisement for “free $COMP tokens,” urging readers to click a link provided. The link leads to a website that looks identical to the protocol’s official website but has been identified as a scam site.

Cybersecurity blogger Officer’s Notes posted an alert from their account at 5:14 pm UTC, urging readers to not click on any links in the post.

FYI the @compoundfinance twitter is compromised and posting a scam link!

Check out: @RevokeCash / @web3_antivirus / @wallet_guard / @blockfence_io / @realScamSniffer

— Officer’s Notes (@officer_cia) December 29, 2023

Blockchain security platform Scam Sniffer also altered users, stating that “A phishing link (compound-labs[.]xyz) was spotted 16 hours ago” coming from the official X account.

Alert: @compoundfinance‘s Twitter account has been compromised. Do not click on any links posted from their account.

A phishing link (compound-labs[.]xyz) was spotted 16 hours ago.

Stay vigilant and ensure the safety of your assets by avoiding suspicious links. pic.twitter.com/yoa1RM4P4E

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) December 29, 2023

According to Scam Sniffer’s post, the advertised site is a “Pink Drainer scam website,” implyin

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Author: Tom Blackstone

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