In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins.
Solana-based decentralized exchange (DEX) aggregator Jupiter and the former Malaysian prime minister both suffered hacks to their X accounts on Feb. 5, which scammers used to promote scam memecoins.
Jupiter Mobile’s X account sounded the alarm in a Feb. 5 post, warning people not to click links or buy any tokens mentioned on the main account, saying that the “team is working on restoring access.”
Jupiter co-founder Siong Ong confirmed that the official account had been compromised but that other programs used by the exchange were protected by a multisignature feature , requiring more than one person’s approval to gain access.
Read more,# Overview of Recent Cryptocurrency-Related Hacks
## Key Points of the Article
– Solana-based decentralized exchange (DEX) aggregator Jupiter and a former Malaysian prime minister suffered hacks on their X accounts (formerly known as Twitter) on February 5.
– Scammers used the hacked accounts to promote phony cryptocurrencies known as scam memecoins.
– Jupiter Mobile issued a warning on the same day through a post on their X account, advising people not to click on any suspicious links or purchase any advertised tokens.
– Siong Ong, co-founder of Jupiter, confirmed the hack but reassured that other systems used by the exchange were secure, thanks to a multisignature feature that requires multiple approvals for access.
## Hot Take
In the wild west of the crypto world, it seems even high-profile figures and platforms aren’t safe from the outlaws of the internet. The recent hacks involving Jupiter and a former Malaysian prime minister are like found footage from a heist movie—only the thieves are after digital gold. Although, props to Jupiter for the multisig safeguard; it’s like having a digital bouncer at the door of your cyber saloon. Memo to the crypto community: keep those passwords complex and maybe don’t click on any sketchy links promising the moon!
Disclamer
cryptocurrency, hacks, security, Jupiter DEX, scam memecoins, digital security Source
