TechFlow news, January 23 — According to The Block, Nasdaq's official X account was hacked on January 22. The hacker linked a fake X account as an affiliated account of Nasdaq and used the official account to repost tweets promoting a newly launched meme coin called STONKS.
The fake STONKS token appears to have copied the namesake token from the Solana ecosystem. Data from DEXscreener shows that the market cap of the fraudulent STONKS token surged to $80 million within hours before crashing rapidly. The related tweets have since been deleted, and the fake account has been suspended.
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