A growing wave of cyberattacks targeting crypto X accounts has raised concerns across the cryptocurrency community.
| Key Takeaways: – Multiple crypto X accounts, including those of Babylon, Solv, and Centrifuge, were hacked, with scammers posting phishing links. – Notable figures, like rap star Drake and Animoca Brands’ co-founder Yat Siu, had their X accounts compromised to promote fraudulent tokens. |
Both high-profile individuals and platforms have fallen victim to hackers exploiting compromised accounts to spread scams and phishing links.
Yesterday, the X account of Babylon, a prominent decentralized finance platform, was hacked and used to post phishing links. Although the account has been recovered and the malicious tweets deleted, doubts remain about whether full control has been restored.
Similarly, Solv’s official X account was breached today, with hackers disseminating false information about tokens. Adding to the chaos, the X account of Centrifuge, a real-world asset (RWA) lending protocol, was also compromised. Hackers posted a fundraising address disguised as part of an AI token project.
The attacks extend beyond crypto X accounts. Rap star Drake’s X account was hacked today, promoting a fraudulent meme coin called “Anita.” In another high-profile incident, Yat Siu, co-founder and executive chairman of Animoca Brands, had his X account hijacked to promote a fake token named ANIMOCA. Animoca Brands confirmed the breach and urged users to avoid engaging with Siu’s compromised account.
Crypto wallet Phantom addressed rumours on Friday about a possible airdrop. The company clarified on its X account that its recent social feature launch is unrelated to any token distribution, aiming to dispel misinformation circulating on the platform.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
