September 18, 2024 at 03:12PM
Numerous high-profile X accounts were hacked to promote the $HACKED Solana token, leading to a successful pump-and-dump scheme. Accounts with large followings, including MoneyControl and People Magazine, were compromised to post about the token. The cyberattack significantly boosted the token’s market value, but the situation is evolving, and the method of compromise is unknown.
Based on the meeting notes, the key takeaways are:
1. A cyberattack has led to multiple X accounts being hacked to promote a cryptocurrency token named $HACKED on the Solana blockchain.
2. The hacked accounts include MoneyControl, People Magazine, and EUinmyRegion, with significant numbers of followers.
3. The token’s market cap has surged after the cyberattack, but there is significant fluctuation due to profit-taking in the pump and dump scheme.
4. The method by which the hackers compromised the accounts is not yet clear, but it may involve compromised API keys or third-party apps.
This situation is still developing, and BleepingComputer is actively seeking more information, suggesting that ongoing updates will be necessary to monitor the impact and determine the best course of action.