EigenLayer’s X Account Compromised: Phishing Scams and Market Resilience

The project has warned investors to be vigilant and not fall for phishing scams. In addition, the recent positive developments surrounding the project also appear to boost the market sentiment towards crypto.

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EigenLayer Hacked: Social Media Account Used to Post Phishing Scams

EigenLayer, a popular blockchain project, has experienced a security breach after its social media account was hacked. The resilience could be due to the security warnings that quickly came, helping users avoid falling into the phishing trap. This highlights the ongoing vulnerability faced by crypto projects when using social media platforms to engage with their communities.

However, despite the initial concerns, investors appear to be remaining confident in the project. The official X account posted phishing scams and warned investors to avoid clicking on the links. Despite this, EIGEN price boostd by over 7%.

The news comes amid recent support from major crypto exchanges and other key developments.

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