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The official X account of Nasdaq was compromised and used to promote a fraudulent memecoin named STONKS. Hackers linked a fake X account as a Nasdaq affiliate and retweeted a post promoting the token, which was created on the same day. The misleading post has since been deleted, and the fake account has been suspended. The STONKS memecoin was a copycat of an existing token on the Solana blockchain. Despite its fraudulent origins, the token's market capitalization briefly reached $80 million before crashing. This incident is part of a broader trend of high-profile X account hacks aimed at promoting scam cryptocurrencies.
NASDAQ’S X ACCOUNT BREACHED: MEMECOIN SHILL IN ACTION Hackers took over Nasdaq’s X account to promote a memecoin scam. Another reminder: even top-tier accounts are vulnerable. The risks don’t stop at tokens - brand trust is capital too. Security’s not a cost; it’s an… https://t.co/p5ngG8WacY
NASDAQ HACKED: MEMECOIN RUG SPOTTED Hackers just turned Nasdaq’s X account into a memecoin shill machine. The breach started pushing a scam in front of thousands. Even the giants aren’t safe - secure your project like your life depends on it. Source: @Unusualwhales https://t.co/spBWIfAQBR
🚨Nasdaq’s Official X Account Hacked to Promote Fake Memecoin Source: @unusual_whales https://t.co/EbhrTiPn2t
