Azoundria: Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/zulunetworkofficialxairdropphishing.php}} {{Unattributed Sources}} Zulu Network Logo/HomepageZulu Network allows computing power to be monetized into bitcoin revenue. On October 12th, their Twitter/X account posted a new airdrop promotion, which multiple users engaged in and promoted in the hopes of receiving the airdrop. However, this airdrop was a scam a..."

2024-11-08T19:29:16Z

Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/zulunetworkofficialxairdropphishing.php}} {{Unattributed Sources}} thumb|Zulu Network Logo/HomepageZulu Network allows computing power to be monetized into bitcoin revenue. On October 12th, their Twitter/X account posted a new airdrop promotion, which multiple users engaged in and promoted in the hopes of receiving the airdrop. However, this airdrop was a scam a..."

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{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/zulunetworkofficialxairdropphishing.php}}
{{Unattributed Sources}}

[[File:Zulunetwork.jpg|thumb|Zulu Network Logo/Homepage]]Zulu Network allows computing power to be monetized into bitcoin revenue. On October 12th, their Twitter/X account posted a new airdrop promotion, which multiple users engaged in and promoted in the hopes of receiving the airdrop. However, this airdrop was a scam and users who connected their wallets would find that they were drained. It is unclear the level of loss. The Zulu Network project does not appear to have acknowledged the incident or offered any assistance to affected users.<ref name="otpyrcevolutiontwitter-16649" /><ref name="zulunetworktwitter-16650" /><ref name="rodeocryptotwitter-16651" /><ref name="zulunetwork-16652" /><ref name="web3antivirustwitter-16653" /><ref name="paidnetworktwitter-16654" /><ref name="0xbigdre4mstwitter-16655" /><ref name="krisshnaatwitter-16656" /><ref name="reapromotestwitter-16657" /><ref name="lovatocrypttwitter-16658" /><ref name="rakibcoorgtwitter-16659" /><ref name="daeneryss89twitter-16660" /><ref name="oexcommunitytwitter-16661" /><ref name="cryptoriggertwitter-16662" /><ref name="otpyrcevolutiontwitter-16663" /><ref name="tzoum13twitter-16664" /><ref name="sananistitwitter-16665" /><ref name="billionzdefitwitter-16666" /><ref name="mdaltafxyztwitter-16667" /><ref name="akhaura360twitter-16668" /><ref name="louisvicto15206twitter-16669" /><ref name="christianj97078twitter-16670" /><ref name="bpexctwitter-16671" /><ref name="leooneertwitter-16672" /><ref name="mavericklevixtwitter-16673" /><ref name="mikeeze18twitter-16674" /><ref name="krisshnaatwitter-16675" /><ref name="zulunetwork-16676" />

== About Zulu Network ==
"The Native Bitcoin DePIN Layer. Zulu Network is the first DePin-focused Bitcoin Layer 2 to achieve the tokenization of computing power, allowing anyone to power DePIN innovation and earn Bitcoin."

"Built on top of the Bitcoin blockchain, Zulu Network enhances transaction speeds, reduces costs, and maintains the security of the Bitcoin network while introducing EVM compatibility."

"Blockchain technology has transformed the way individuals and organizations approach decentralization, offering benefits such as enhanced security, transparency, and efficiency. Despite the advancements in blockchain, challenges such as scalability, high transaction fees, and limited access to decentralized resources remain critical hurdles. Zulu Network aims to address these challenges by providing a layer 2 solution that optimizes tokenized computing power within a decentralized framework, utilizing Bitcoin’s security."

"The Native Bitcoin DePIN Layer. Zulu Network is the first DePin-focused Bitcoin Layer 2 to achieve the tokenization of computing power, allowing anyone to power DePIN innovation and earn Bitcoin."

"Mainnet airdrop registration starting now! We are now in half of our roadmap, starting with Testnet v1 and final step Full Zulu Mainnet. Check More. Mainnet Register. Registration process will be closed on November 5, after..."

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
"The official X account of Bitcoin L2 Zulu Network appears to have been compromised. The hacker has posted a fake phishing link. Please avoid interacting with it."
{| class="wikitable"
|+Key Event Timeline - Zulu Network Official X Airdrop Phishing
!Date
!Event
!Description
|-
|October 10th, 2024 5:10:00 AM MDT
|Adoption Tweet Discussion
|A Post by Zulu Network discusses blockchain adoption by Steve Jobs.
|-
|October 12th, 2024 12:46:00 AM MDT
|First Mention Of Scam
|The first mention of the airdrop being a scam is posted on the Zulu Network twitter.
|-
|October 12th, 2024 1:09:00 AM MDT
|Not Eligible Upset User
|One user is upset that they are not eligible for the airdrop. They include a screenshot of the airdrop page.
|-
|October 12th, 2024 6:44:00 AM MDT
|Warning With Screenshots
|A warning is posted with screenshots by user Jayyj101.
|-
|October 13th, 2024 2:15:00 AM MDT
|Comment Warning Posted
|A Comment by user OTPYRCEVOLUTION on the last legitimate topic by Zulu Network.
|-
|October 13th, 2024 6:58:00 PM MDT
|Scam Sniffer Tweet
|Scam Sniffer posts a tweet which includes a screenshot of the phishing on the Zulu Network Twitter account.
|-
|October 15th, 2024 1:50:00 AM MDT
|Zulu Network Account Restored
|The Zulu Network X account starts posting legitmiate updates. There does not appear to be any mention of the fake airdrop incident or account breach.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
"The @zulu_network account got compromised, please report them so Twitter freezes the account until the team can get access back."

"Until further notice, the Zulu Network Twitter account has been compromised. DO NOT CLICK ANY LINKS, DO NOT CONNECT YOUR WALLET. @zulu_network it will drain your WALLET Metamask is telling you it is a suspicious transaction."

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="otpyrcevolutiontwitter-16649">[https://twitter.com/OTPYRCEVOLUTION/status/1845377764783710418 @OTPYRCEVOLUTION Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="zulunetworktwitter-16650">[https://twitter.com/zulu_network/status/1844334767967437282 @zulu_network Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="rodeocryptotwitter-16651">[https://twitter.com/rodeo_crypto/status/1846096366436602240 @rodeo_crypto Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="zulunetwork-16652">[https://zulunetwork.io/ Zulu Network - The Native Bitcoin DePIN Layer] (Accessed Nov 8, 2024)</ref>

<ref name="web3antivirustwitter-16653">[https://twitter.com/web3_antivirus/status/1845606526230098230 @web3_antivirus Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="paidnetworktwitter-16654">[https://twitter.com/paid_network/status/1845125465973064036 @paid_network Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="0xbigdre4mstwitter-16655">[https://twitter.com/0xBigDre4ms/status/1845203463694844188 @0xBigDre4ms Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="krisshnaatwitter-16656">[https://twitter.com/krissh_naa/status/1845142227187794192 @krissh_naa Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="reapromotestwitter-16657">[https://twitter.com/ReaPromotes/status/1845219532828561614 @ReaPromotes Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="lovatocrypttwitter-16658">[https://twitter.com/Lovato_Crypt/status/1845119038445191570 @Lovato_Crypt Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="rakibcoorgtwitter-16659">[https://twitter.com/Rakibcoorg/status/1845084986896154884 @Rakibcoorg Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="daeneryss89twitter-16660">[https://twitter.com/DaenerysS89/status/1844998754367308143 @DaenerysS89 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="oexcommunitytwitter-16661">[https://twitter.com/oexcommunity/status/1844993162583928886 @oexcommunity Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="cryptoriggertwitter-16662">[https://twitter.com/Crypto_rigger/status/1845074089360154863 @Crypto_rigger Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="otpyrcevolutiontwitter-16663">[https://twitter.com/OTPYRCEVOLUTION/status/1845380633452798319 @OTPYRCEVOLUTION Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="tzoum13twitter-16664">[https://twitter.com/tzoum13/status/1845115496347136166 @tzoum13 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="sananistitwitter-16665">[https://twitter.com/SanaNisti/status/1845088976928899411 @SanaNisti Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="billionzdefitwitter-16666">[https://twitter.com/BillionzDeFi/status/1845071520818692564 @BillionzDeFi Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="mdaltafxyztwitter-16667">[https://twitter.com/MdAltafxyz/status/1845127739474317798 @MdAltafxyz Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="akhaura360twitter-16668">[https://twitter.com/akhaura360/status/1845095504885256208 @akhaura360 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="louisvicto15206twitter-16669">[https://twitter.com/LouisVicto15206/status/1845110762307461221 @LouisVicto15206 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="christianj97078twitter-16670">[https://twitter.com/ChristianJ97078/status/1845101528413315357 @ChristianJ97078 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="bpexctwitter-16671">[https://twitter.com/BPexc/status/1845111030772310521 @BPexc Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="leooneertwitter-16672">[https://twitter.com/leooneer/status/1845144422230442418 @leooneer Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="mavericklevixtwitter-16673">[https://twitter.com/MaverickLeviX/status/1845113424851661106 @MaverickLeviX Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="mikeeze18twitter-16674">[https://twitter.com/MikeEze18/status/1845075606867747258 @MikeEze18 Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="krisshnaatwitter-16675">[https://twitter.com/krissh_naa/status/1845139183834177683 @krissh_naa Twitter] (Accessed Nov 8, 2024)</ref>

<ref name="zulunetwork-16676">[https://zulunetwork.io/about Zulu Network - The Native Bitcoin DePIN Layer] (Accessed Nov 8, 2024)</ref></references>

Zulu Network Official X Airdrop Phishing - Revision history