Hackers took control of French footballer Kylian Mbappe’s X account on Thursday, using it to post multiple promotions for the cryptocurrency ‘$MBAPPE’ that uses Solana-based memecoin deployer Pump.fun. This platform has gained popularity for its simplicity. It offers a cost-effective way for users to create and launch their meme coins with just a few clicks. Several users observed that the ‘MBAPPE’ token quickly spiked and then plummeted within minutes. They pointed out that the posts remained on Mbappe’s profile at the time. Some speculated whether the posts resulted from a hack, or if Mbappe himself was involved in promoting the token. The posts have since been deleted.
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Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the stolen funds are underway.
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