Cardano Foundation X Account Hacked… Beware of Fake Token 'ADAsol'

Source
Suehyeon Lee

Summary

  • The Cardano Foundation's X account was hacked, raising concerns about the fake token 'ADAsol'.
  • The hacker posted a fake tweet claiming the foundation would stop supporting ADA and promoted ADAsol.
  • The foundation is recovering the account, and other parts have not been affected by the hack.

The Cardano (ADA) Foundation's X (formerly Twitter) account has been hacked, raising concerns about the fake token 'ADAsol'.

According to Cointelegraph on the 9th (local time), the previous day, the Cardano Foundation X account was hacked, and a fake tweet was posted claiming that the foundation would stop supporting the native token ADA due to a lawsuit by the U.S. Securities and Exchange Commission (SEC).

Afterwards, the hacker posted a message promoting the scam token ADAsol, but all such fake posts have now been deleted. Meanwhile, the foundation stated that they are in the process of recovering the account and that other parts of the Cardano ecosystem have not been affected by the hack.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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