Arbitrum's official governance X account was compromised, with attackers posting phishing links disguised as airdrop offers to steal user information. This incident is part of a wider wave of social media account takeovers targeting major crypto projects, coinciding with record-high phishing losses and $6.75 billion stolen by North Korean hackers in 2025. Experts urge users to adopt strong security measures, including password managers and hardware keys, to mitigate risks.