Hacking celebrity X account and sending HACKED coins
On Wednesday (18th), a group of hackers successfully stole the X (formerly Twitter) accounts of many celebrities and companies. The list of victims included the Indian branch of the computer brand Lenovo and the well-known director Oliver Stone. Stone, Yahoo News UK and Brazilian soccer star Neymar Jr.
After hackers stole these accounts, they tried to promote a meme coin called "$HACKED". However, unlike other theft incidents, this time the hackers directly admitted that "the account has been hacked" and Posting on these stolen accounts stated: "On every account we hack, we publish the token address so we can exploit it and profit together."
The community speculates that these hackers seem to be planning to use this method to create a hacker-themed "meme craze" so that their token $HACKED can successfully get out of the circle and use celebrity accounts to attract Retail investors took the bait, driving up the price of the $HACKED coin, and quickly sold it to make a profit.
However, the idea is beautiful, but the reality is very skinny. Although hackers kidnapped multiple accounts and made a huge noise, the method of "admitting that they are hackers" does not seem to work for hype. The nature of meme coins is high risk, With low trust, most people have no interest in the coins issued by hackers. Some people choose to take advantage of the opportunity to buy and then run away after making a profit.
According to data from DEX Screener, the price of the $HACKED token soared 900% within an hour after it was pushed by hackers. However, it began to plummet just a few minutes later. It plummeted 96% within an hour, leaving only the market value of $HACKED. $5,700.
Well-known on-chain detective ZachXBT said that these hackers are likely to "lose money." Judging from the on-chain data, the transaction volume of $HACKED token is only 278,000 US dollars, which is obviously not popular enough. Even the top trading address Made $1,000 in $HACKED tokens only.
Image source: X ZachXBT’s tweet
Later, ZachXBT also monitored that the hacker team removed the liquidity of $HACKED (commonly known as pool draining). In the end, the hackers only made $8,000 from this fraudulent token. What is even more ridiculous is that this hack The execution cost of the guest operation is likely to be as high as 6 figures, obviously losing both the wife and the troops.
Image source: X ZachXBT’s tweet
ZachXBT also added to the sarcasm at the bottom of the tweet: "A strong contender for the most incompetent hacker of the year"
Solana’s Meme Coin Hotbed
As the fifth largest cryptocurrency, Solana has led to a large number of successful meme coins in recent years due to its high performance and low transaction fees. At the same time, it has also become the hardest hit area for fraudulent tokens.
This is not the first time that the X platform has been used to commit cryptocurrency fraud. In May 2024, another group of hackers hijacked the accounts of many well-known influencers (KOLs) and celebrities in the crypto circle to promote various A scam meme coin, the victim list includes MicroStrategy, Algorand, Rocket Pool, Compound Finance and other well-known encryption companies.
It is no accident that hackers choose the Solana platform. The advantages of low transaction fees and high throughput make it an ideal breeding ground for issuing fraudulent tokens. In addition to Solana, blockchains such as Base and BNB Chain have also become key targets of this type of fraud. Especially in the context of the rising meme currency craze this year, this situation is even more difficult to curb.
"CryptoCity" also reminds citizens that many projects in the currency circle will require binding or granting authorization to the , protect your X account.
