EigenLayer X account hacked, posting phishing links, yet EIGEN price remains resilient, rising 10% with Binance support.
EigenLayer has recently drawn significant attention from investors following reports that its social media account was compromised.
These reports indicate that the project’s official X account is posting phishing scams, with warnings urging investors to avoid clicking on the links.
Despite this, the price of EIGEN surged by over 10% today, supported by major crypto exchanges and other key developments.
EigenLayer Posts Phishing Links After X Account Hack
According to the reports, EigenLayer’s X account was hacked, and phishing links were posted to deceive users.
On-chain analytics firm PeckShieldAlert issued a strong warning, advising investors to steer clear of the fraudulent links being shared. PeckShieldAlert’s warning stated:
“EigenLayer X account has been compromised. Do NOT click the #phishing link eligible-eigenfoundation[.]org.”
Media sources confirmed the issue, noting that the project’s X handle recently shared a post that included the following message:
“We’re happy to announce that eligible participants for Season 2 have been reallocated EIGEN tokens!
Now that we are transitioning into Programmatic incentives, the remaining EIGEN supply for Season 2 has been redistributed.
Get started:
This hack follows a growing trend of social media attacks on platforms like X and Discord, where hackers exploit security flaws to spread malicious content.
Earlier this year, the US SEC’s X account was also hacked, posting a fake message about Bitcoin ETF approval. The FBI recently arrested the hacker responsible for that incident.
Despite the security breach, the swift warnings helped prevent users from falling victim to the phishing scam.
This and recent positive developments for EigenLayer have kept investors confident in the project.
EIGEN Price Rises 10% Despite Hack
Even though EigenLayer’s X account was compromised, the price of EIGEN increased by nearly 10%, reaching $3.48, with a trading volume spike of 39%, hitting $141.52 million. Over the past 24 hours, the crypto reached a high of $3.53.
EIGEN has garnered attention since major crypto exchanges like Binance and Coinbase announced listings for the token in September.
Binance recently expanded its offerings for EIGEN by adding it to its loanable assets and VIP loans, further boosting market sentiment.
Additionally, some analysts predict the price of EIGEN could rally to $5 if certain conditions are met.