It seems NASDAQ's Twitter (X) account was hacked and used to advertise memecoin 'STONKS'

Right here is the abstract of stories popping out:

Nasdaq’s official X (previously Twitter) account was hacked and used to advertise a fraudulent memecoin referred to as STONKS.

• The hacker falsely linked a faux X account as a Nasdaq affiliate and retweeted a publish concerning the token, which had been created the identical day.
• The deceptive publish has since been deleted, and the faux account has been suspended.

The STONKS memecoin was a copycat of an present token on the Solana blockchain, which owns the mental property of the meme. Regardless of its fraudulent origins, the token’s market capitalization briefly soared to $80 million earlier than crashing.

This assault is a part of a broader development of high-profile X account hacks, the place celebrities and establishments have been focused to advertise rip-off cryptocurrencies. Nasdaq has not but responded to requests for remark.

Twitter (X) proprietor Musk with Trump

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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