The famous rapper #WizKhalifa ’s X (formerly Twitter) account was reportedly hacked on November 3rd and a memecoin named “#WIZ ” was introduced from his account.

The WIZ memecoin was launched on Pump.fun, a Solana-based memecoin production platform, and reached a market value of $3.4 million in just 15 minutes. However, within an hour, the memecoin’s market value dropped rapidly, dropping to $28,000 overall. According to DEX Screener systems, the current value of the WIZ token is around $8,400.

According to Solscan, the two largest launches purchased a total of 155 million WIZ tokens for $19,100, and made a profit of $160,000 from the sale of these tokens.

The identity of the hacker is still unknown, the identity of the person who carried out the attack and how Khalifa’s account was hacked have not yet been confirmed. However, blockchain researcher ZachXBT believes that the hacker who took over Truth Terminal developer Andy Ayrey’s X account on October 29 may have also attempted the same attack on Khalifa’s account.

“Wiz Khalifa managed to buy Pump Fun [the token],” ZachXBT warned in a statement on his Telegram group on November 3, referring to the same hacker who also took over Andy Ayrey’s (Truth Terminal creator) account.

A similar attack was carried out last week, with posts promoting the memecoin on Wiz Khalifa’s X account being deleted, although it is not yet clear whether the rapper’s account has been reinstated. Last week, on October 29, Andy Ayrey’s X account was also hacked. The hackers used Ayrey’s profile to earn $1.5 million in memecoins.

Truth Terminal is known for being an AI bot that has peaked at 940 million articles for a memecoin called Goatseus Maximus (GOAT). However, according to DEX Screener results, the market cap of the GOAT token is currently at $544 million, a 39 percent decrease from its progress on October 24. pointing out.

#binance #hackers #29thBNBBurn