Latest NFT News

Discord users cry out as NFT scams skyrocket


TL;DR Breakdown

  • NFT scams are making the rounds on Discord using login with QR code option
  • This is coming after a recent massive Discord compromise that affected BAYC
  • Market participants give tips on how to avoid NFT scams.

Non-Fungible Token (NFT) scams have been evolving in sophistication and impact. A new NFT scam format is now making the rounds via Discord, a popular free voice, video, and text chat app. 

NFT scams take a new twist on Discord

According to Spent, pseudonymous crypto enthusiast and Discord security expert, malicious actors have been conducting NFT scams using QR codes. 

Explaining the mechanics of the scam, he took to Twitter to explain that malicious actors reach out to users in the guise of offering NFT promotion jobs or collaboration opportunities. When users show interest, they are directed to verify their identity using a Discord verification bot called Wick.