Phishing concerns drive DeFi protocols away from Discord

A growing number of DeFi protocols are suspending their Discord channels due to the platform's rampant phishing schemes, Cointelegraph reported. DeFi lending protocol MORPHO recently switched its official Discord channel to read-only mode, citing a rise in phishing activity on the platform. Similarly, DeFi data platform DefiLlama is also minimizing its channel activity in a move away from Discord. While the platform remains a popular communication tool for cryptocurrency users, its failure to address persistent security issues is reportedly causing a rift with the crypto community.