Attackers Access Avalanche, Official ZkSync Discord, Here’s What To Expect From AVAX, ZK Price

• Avalanche announces that the official Discord has been re-secured after a recent incident where admin ZkSync lost channel access to an attacker.
• AVAX and ZK teams informed users about the attack and started an investigation based on official updates.
• AVAX is steady at $27, ZK erased 1.62% of its value on Monday to $0.1279.

Crypto projects’ official Discord channels have suffered security breaches over the past week. Polygon’s Chief Information Security Officer, Mudit Gupta, asked users to refrain from clicking on any links on the official Discord channel on August 24.

The largest Ethereum scaling solution has confirmed the security breach and regained control of the channel on the Discord communication platform.

A similar incident hit the Avalanche and ZkSync communities.

Avalanche, ZkSync Discord under attack, teams investigate and re-secure communication

Discord is a popular communication channel among crypto communities. There has been an increase in security breaches on this channel, with Polygon, Avalanche and ZkSync all experiencing scares on their official channels within a week.

Twelve hours ago, Avalanche issued a security alert to users of its Discord channel, informing them that the communication platform for AVAX users had been compromised and re-secured it within two hours. An official update has been posted on X:

The ZkSync team faced a similar incident through chat and screenshots shared by several users. The Layer 2 Project has not shared official comments about X, however they did note the incident on Discord.

The incident on Avalanche and ZkSync happened less than 48 hours after the Polygon incident, the attackers shared malicious links in airdrop or token distribution messages.

AVAX holds steady, ZK declines

Avalanche is in a downtrend from its March 18 peak of $65.39. The DeFi token could extend gains by another 8.73% and rise towards the key resistance at $29.52. This level acted as support for AVAZ throughout 2024 as seen on the daily AVAX/USDT chart.

The Moving Average Convergence Divergence (MACD) indicator is flashing green histogram bars above the neutral line, signaling that there is underlying positive momentum in the AVAX price trend.

AVAX/USDT Daily Chart

ZK is trading at $0.1279 at the time of writing, erasing 1.62% of its value on the day.