As hacking incidents continue to increase day by day, hackers recently hacked the Nasdaq X account to promote a fake memecoin.
Accordingly, hackers took control of Nasdaq’s X account and used it to promote and boost the price of a memecoin called STONKS.
The attackers linked a fake X account as a Nasdaq-affiliated account and tweeted under the guise of the official Nasdaq account, recommending the newly released meme coin STONKS.
This post managed to attract the attention of investors. In a short time, STONKS’ market value skyrocketed and skyrocketed to $80 million in a few hours, but crashed shortly after.
It turned out that STONKS, introduced under the name Nasdaq, was a copy of the memecoin of the same name, which was based on Solana.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/hackers-targeted-nasdaq-this-time-they-advertised-altcoin-price-first-rises-then-crashed/