Watcher Guru’s X Account Hacked; Unauthorized XRP Agreement Post
Watcher Guru, a crypto news media platform, reported a breach of its official X account by hackers who posted unauthorized content. The intruder falsely claimed a partnership between SWIFT and Ripple to use XRP for cross-border payments, which was not authored by the Watcher Guru team. The hack was linked to a suspicious X link received on their Telegram, suspected as a social engineering attack. Despite two-factor authentication being active, the hackers managed to gain access. All unauthorized posts were quickly removed, and the platform is working with X support to secure the account and investigate the breach source. Similar incidents have occurred with other crypto news outlets, posing risks of meme coin promotions through compromised accounts.
Neutral
The hacking incident of the Watcher Guru’s X account highlights security vulnerabilities but doesn’t directly affect trading activities or market stability. Previous similar hacks created temporary disruptions without long-term market impacts. The market’s focus remains on verified news and significant events that are less prone to manipulation. The impact, in this case, is neutral, as no substantial market movements or changes are expected due to this isolated cybersecurity incident.