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Wiz Khalifa's X account hacked: Memecoin crisis!
It was reported that the famous rapper Wiz Khalifa's X (formerly known as Twitter) account was hacked on November 3rd and a memecoin named "WIZ" was promoted from his account.
WIZ memecoin, a meme coin production platform based on Solana called pump.fun, was launched and reached a market value of 3.4 million dollars in just 15 minutes. However, the market value of the memecoin rapidly dropped to below 28,000 dollars within an hour. According to DEX Screener data, the current value of the WIZ token is approximately 8,400 dollars.
According to the data obtained from Solscan, the two largest wallets purchased a total of 155 million WIZ tokens for 19,100 dollars when they were released to the market and made a profit of 160,000 dollars from the sale of these tokens.
The identity of the hacker is still unknown.![memecoin]()
The identity of the attacker and how Khalifa's account was hacked has not yet been confirmed. However, blockchain researcher ZachXBT believes that the hacker who took over Truth Terminal developer Andy Ayrey's X account on October 29 may have also attacked Khalifa's account using the same method.
On November 3, ZachXBT warned his followers in the Telegram group, "Do not buy Wiz Khalifa Pump Fun [token], it is the same hacker who also took over Andy Ayrey's (Truth Terminal creator) account."
A similar attack also occurred last week![]()
Although the posts related to the memecoin promotion on Wiz Khalifa's X account have been deleted, it is not yet clear whether the rapper's account has been recovered or not. Last week, on October 29th, Andy Ayrey's X account was also hacked. Hackers gained $1.5 million in profit from memecoins using Ayrey's profile.
Truth Terminal is known as an artificial intelligence bot that brought the memecoin Goatseus Maximus (GOAT) to a peak of $940 million. However, according to DEX Screener data, the market value of the GOAT token is currently at $544 million, indicating a 39% decrease from its peak on October 24th.
This article does not contain any investment advice or recommendation. Every investment and trading action carries risk, and readers should conduct their own research when making decisions.