A recent wave of hacks has hit the social media accounts of various crypto influencers and celebrities. This orchestrated attack aims to promote various cryptocurrencies and memecoins. Notable figures, including the pseudonymous investor Gigantic-Cassocked-Rebirth (GCR), confirmed that hackers compromised their accounts. This article explores these incidents and their implications.
High-Profile Hacks Hit Influencers
Several high-profile X accounts have been hacked, promoting tokens like ORDI and Luna2.0. GCR’s account, with over 247,900 followers, was one of the victims. The hack caused momentary price surges of 6% for ORDI and 274% for Luna2.0. Interestingly, the hacker chose to promote these tokens instead of less known microcap coins, which could have resulted in higher gains. This choice suggests a broader strategy targeting influencer accounts.
Celebrity Accounts Under Siege
Celebrities have not been spared in this hacking spree. American rapper Rich The Kid’s X account promoted a new token named “RICH” to his 2.3 million followers. The token, launched on the Solana-based platform pump.fun, quickly reached a market cap of $90,000. Although there’s no official confirmation of a hack, the post was swiftly removed. This incident raises questions about the security of celebrity accounts and their susceptibility to such attacks.
Caitlyn Jenner’s Account Promotes JENNER
Around the same time, American media personality Caitlyn Jenner’s X account promoted a memecoin called “JENNER.” This token amassed a market cap of $4.7 million soon after its launch. The promotion appeared convincing, featuring videos of Jenner endorsing the token. Despite debates on whether the videos were deepfakes, Jenner and her manager confirmed their authenticity. This scenario highlights the sophisticated nature of these hacks and the potential for misinformation.
Widespread Impact and Community Response
The hacking wave targeting influencers and celebrities has significant implications. Bitcoin developer Udi Wertheimer suggested that these hacks are part of a broader operation against prominent Twitter accounts. Advisors urge the community to remain cautious, especially during times when platform engineers might be unavailable. This alertness is crucial in preventing further exploitation of high-profile accounts.
Lessons Learned from the Hacks
These incidents underline the importance of robust security measures for social media accounts, especially those of influencers and celebrities. As niche celebrities increasingly launch meme coins, the risk of hacks grows. It’s essential for account holders to adopt stringent security practices and for platforms to enhance their protective measures. The recent hacks serve as a stark reminder of the vulnerabilities in the crypto world and the need for continuous vigilance.
In conclusion, the recent hacks targeting crypto influencers and celebrities have highlighted the vulnerabilities of social media accounts. These incidents underscore the importance of security and caution in the rapidly evolving crypto landscape. By staying vigilant and adopting robust security measures, the community can better protect itself against such orchestrated attacks.