Rapper Drake's X Account Hacked… Used to Promote Meme Coin

Uk Jin

Summary

It was reported that Drake's X account was hacked to promote a Solana-based meme coin called ANITA.
It was revealed that it recorded a trading volume of $5 million before traders recognized the cryptocurrency as a scam.
It was reported that due to the popularity of meme coins, hacking incidents of X accounts of celebrities and companies are occurring frequently.

Hacking of X (Twitter) accounts by some cybercriminal groups to promote meme coins continues to occur. This time, rapper Drake has become a victim.

According to the cryptocurrency specialist media The Block on the 15th (local time), Drake's X account posted content promoting a Solana-based meme coin called ANITA.

Specifically, the post claimed that Drake posted such promotional content as part of a collaboration with the cryptocurrency betting platform Stake.

It seems that the actual damage was not insignificant. According to DEX Screener data, it recorded a trading volume of $5 million until traders realized the cryptocurrency was a scam and stopped buying.

Meanwhile, as meme coins have gained significant popularity in the cryptocurrency market recently, such hacking incidents of X accounts of celebrities and companies are occurring frequently. Last week, the X account of the ADA Foundation, which ranks in the top 10 by market capitalization, was hacked, and rapper Cardi B, Doja Cat, and rock band Metallica have also been victims of hacking.