Animoca Brands has confirmed that the Twitter account of co-founder and executive chairman Yat Siu has been compromised. The hacked account was promoting a fake token launch on the Solana blockchain, claiming the introduction of a new token, $MOCA. Animoca Brands issued a warning to users, stating that there is no official token or NFT launch associated with the company. Various sources, including PeckShield and CertiK, have corroborated the hack, advising users to avoid engaging with the compromised account until the issue is resolved. The incident highlights ongoing security concerns within the cryptocurrency space. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
