The post The Arbitrum DAO account has been hacked appeared on BitcoinEthereumNews.com.

Arbitrum DAO has issued a security alert stating its official governance account on X has been compromised. Users are advised not to click or interact with any links or content posted by the account.  🚨SECURITY ALERTThe @arbitrumdao_gov account has been compromised. Do not click any links or interact with posts from that account until further notice.We are working to recover access. Updates to follow. — Arbitrum (@arbitrum) February 3, 2026 The team has assured users that it is actively working to restore the account. Meanwhile, the Arbitrum protocol and funds remain secure, with the incident affecting only the social media account. Hackers announce a fake airdrop Hackers started by promoting a narrative around potential usage-based rewards and airdrops, framing past activity such as bridging, swapping, liquidity provision, and governance participation as qualifying behavior.  The posts emphasized “real users,” snapshots, and weighted allocations. They appeared designed to create anticipation and credibility during the breach. “If you were consistently active, this is the moment you were playing for. Arbitrum isn’t rewarding wallets — it’s rewarding behavior. And if this follows the pattern of previous major airdrops, allocations won’t be flat,” the scammers wrote. The compromised account then posted a fake “Arbitrum snapshot confirmed” airdrop. Hackers have created an image banner and a link to gov-arbitrum.com, a non-official site that features a suspicious “Connect Wallet” prompt designed to steal credentials. This mirrors the 2023 Arbitrum airdrop phishing waves. However, the attacks three years ago succeeded because there was a real and widely publicized airdrop event that scammers could piggyback on. They created fake claim sites and spam accounts that tricked users into authorizing wallet access.  The attack resulted in actual financial losses for users who clicked phishing links. This compromise is still in the early stages with no reported losses. Users have shown…

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Filed under: News - @ February 3, 2026 4:28 pm