Memecoins
Hackers target crypto influencers’ X accounts and shill meme coins
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Over the weekend, a series of hacks compromised several X accounts of crypto influencers and celebrities in order to promote a number of coins, leading to short-lived price hikes.
One of the biggest targets was GCR, whose account was compromise on May 26. After the initial intrusion, the hacker was able to post promotional content on ORDI and Luna2.0, causing momentary price increases of 6% and 274% for the tokens. Observers note that the hacker could have chosen to promote a microcap coin for larger gains, rather than the relatively established ORDI, which already has a market cap of $856 million.
Udi Wertheimer, Bitcoin developer and Ordinals supporter, warned that the incident with GCR may not be an isolated case. It appears this was part of a larger operation targeting celebrity porn accounts, such as mumble rapper Rich the Kid and media personality Caitlyn Jenner.
For the first, a new token called $RICH on the Solana coin creation platform Pump.fun. No official confirmation from Rich the Kid’s management team has been released, although the post has already been deleted. The current market cap of this coin has stagnated at $144,000, data dexscreener indicates.
As for Jenner’s account, a meme coin named $JENNER was also promoted, bringing the coin’s market cap to $25 million, according to aggregated data. data from Raydium and GeckoTerminal.
Despite videos of Jenner assuring her followers that the messages are authentic, many industry experts believe the account has been compromised. Interestingly, the crypto wallet address Jenner posted matches the one used by adult content creator Kazumi, whose account was hacked on May 20 to promote the coin “ZUMI.”
No data regarding the identity of the threat actor has been disclosed at the time of writing, while no specific entity has claimed responsibility for the hacks, and it has not been established whether they- These are connected or linked to a particular hacker or group.
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