On February 5, hackers took over the X accounts of former Malaysian Prime Minister Mahathir Mohamad and Jupiter, a Solana
$200.72
-based decentralized trade (DEX) aggregator.
The compromised accounts had been used to advertise rip-off meme cash, which misled followers into potential monetary losses.
Scammers hijacked the X account of Mahathir Mohamad, Malaysia’s longest-serving Prime Minister, to advertise one other faux token, MALAYSIA.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
What’s Uniswap? (UNI Token Defined With Animation)
Yu Xian, founding father of safety agency SlowMist, identified that the compromised account was used to unfold deceptive funding alternatives. He said in a submit on X, “Be aware that the account of the previous Malaysian Prime Minister has been hacked.”
In the meantime, the hackers used Jupiter’s most important account to promote a fraudulent token with the ticker MEOW. Some customers reported that the token briefly reached a $30 million market cap earlier than disappearing.
@beanimaxi, the pseudonymous founding father of crypto enterprise agency GM Capital, commented that merchants misplaced hundreds of thousands inside minutes as a result of incident.
Jupiter’s cell workforce shortly issued a warning, urging customers to not click on on any hyperlinks or purchase tokens talked about within the hacked posts. The workforce said they had been working to regain management of the account.
Co-founder Siong Ong reassured the neighborhood that whereas the social account had been breached, Jupiter’s core programs remained safe attributable to their multi-signature safety. He confirmed, “All our packages are in a 4/7 multisig. They’re safe. We’ll undergo all the pieces once more.”
In January 2025, the X account of Dean Norris, an actor from the tv collection Breaking Unhealthy, was not too long ago hacked. What was the aim of the breach? Learn the complete story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Struggle II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for all the pieces and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established retailers, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market traits, and on the lookout for the subsequent supernova.
