CAKE Jumps 16% Despite PancakeSwap’s Chinese X Account Hack
PancakeSwap, one of many largest decentralized exchanges (DEXs) on Binance Smart Chain (BSC), confirmed that its Chinese-language X account, @PancakeSwapzh, was compromised on Wednesday, October 8. The incident coincided with the launch of the BSC meme coin on the DEX, and the dangerous actor leveraged the frenzy to hawk a rip-off token. BSC Meme Coin…
