The Cardano Foundation’s X account suffered an attack by hackers, posting fraudulent links that were later removed. The links promoted a fake ADAsol token and claimed that there would no longer be support for ADA due to a lawsuit filed by the US SEC. Here are the details:
Cardano Foundation and its X account hacked: links to scams have been removed
Cardano Foundation is added to a list of entities that have been converted victims of hacking on their X accounts.
In fact, yesterday hackers achievement post links to scams that were later removed, although they generated some bitter consequences.
In practice, it appears that the Cardano Foundation’s X account was hacked and promoted a fake token “ADAsol”. Not only that, he also declared cease support for the native ADA token in light of a lawsuit filed by the United States Securities and Exchange Commission (SEC).
Carlos HoskinsonCardano founder, warned the crypto community about the Cardano Foundation account breach.
“It seems that CF’s account has been hacked. Try more with hackers”
Unfortunately, before those links were removed, The ADAsol crypto scam managed to generate a trading volume of around $500,000 before quickly crashing by 99%.
Cardano Foundation and the scam generated by its compromised X account: the latest victim
As anticipated, the Cardano Foundation is added to a list of X accounts hacked to promote scams and not.
Last September, for example, Near Protocol account I was committed, although The hacker had only published a series of hate messages towards the crypto sector and Web3.
Here, interestingly, no malicious link or fraudulent token contract address has been published to steal community funds.
Last year, however, Vitalik Buterin’s X accountco-founder of Ethereum, was hacked driving to the theft of a whopping $700,000 worth of cryptocurrencies with NFTs. Here, instead, links to crypto scams were posted.
Regarding this situation, hoskinson Then he published another post on X, inviting Elon Musk to review the security of the users of his social networks:
The price of the ADA
At the time of writing this article, ADA is worth $1.15and is down -4% in the last 24 hours. This trend is general for all cryptocurrencies, which, in the last 24 hours, are experiencing small price drops.
This temporary ADA price adjustment does not seem to contradict the cryptocurrency rally it is experiencing. In the last 30 days, the price of ADA has risen 170%.
Recently, some analysts have expressed their opinions on the price predictions for ADA, stating that it could soon reach a new ATH of $3.
