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A threat actor has stolen approximately $500,000 through meme coin scams via over 15 compromised X accounts, including those of notable figures. The attacker used targeted phishing emails disguised as X team communications to steal credentials, leading to account takeovers and fraudulent promotions.ZachXBT advises users to avoid reusing emails and to implement security keys for two-factor authentication on important accounts to enhance security against such attacks.
Over the past week, over $300 million in tokens, including more than $200 million from Ethereum, have been bridged to Solana, driven by its lower transaction fees, speed upgrades, and attractive DeFi staking yields. This surge reflects a growing interest in Solana's interoperability and investment opportunities compared to Ethereum. In a separate incident, a meme coin linked to Drake's compromised X account surged to $4.9 million in trading volume, only to be revealed as a scam, highlighting the risks associated with celebrity endorsements in the crypto space.
A Dubai-based digital platform, Stake, is set to invest 1 billion riyals ($266 million) in Saudi real estate over the next six months, capitalizing on growing foreign interest. The firm is acquiring a fully-rented mall in Riyadh for 187 million riyals and plans to purchase a residential tower with over 140 apartments for 200 million riyals.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
threat actor steals 500000 through compromised social media accounts in scams
15:49 24.12.2024
surge of tokens bridged to solana driven by lower fees and speed upgrades
12:59 16.12.2024
Dubai Platform Stake Targets One Billion Riyals in Saudi Real Estate Investments
10:58 05.12.2024
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