The official X account of Nasdaq was breached by hackers, who used it to promote a fraudulent meme coin. High Profile Hacks The hacker linked a fake X account, posing as a Nasdaq affiliate, and used the official Nasdaq account to retweet a post promoting a new meme coin called $STONKS, which was created on the same day. The post has since been removed, and the counterfeit X account has been suspended. This incident is part of a larger trend of high-profile X account hacks aimed at promoting scam tokens, with previous examples involving celebrities and major institutions and even the U.S. President himself . Not The Real $STONKS The $STONKS meme coin appeared to be a clone of an existing token with the same name on the Solana (SOL) blockchain, which holds the intellectual property rights for the meme. According to DEXscreener , the market cap of the counterfeit $STONKS meme coin briefly soared to a whopping $80 million before crashing shortly afterwards.
