Security experts have declared that the Compound Finance X page has been hacked after it started promoting what appears to be a phishing site.
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 p.m. UTC, the account posted an advertisement for "free $COMP tokens," urging readers to click a link provided. The link leads to compound-labs.xyz, a website that looks identical to the protocol's official website at compound.finance, but has been identified as a scam site.
Cybersecurity blogger Officer's Notes posted an alert from their account at 5:14 UTC, urging readers to not click on any links in the post.
