Bitcoin
Bitcoin (BTC)
$101,150.00 -0.33348
Bitcoin price
Ethereum
Ethereum (ETH)
$3,855.51 -1.35682
Ethereum price
BNB
BNB (BNB)
$711.27 -2.12599
BNB price
Solana
Solana (SOL)
$217.63 -2.7837
Solana price
XRP
XRP (XRP)
$2.39 -2.12561
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000273 -3.51938
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000232 -5.72147
Pepe price
Bonk
Bonk (BONK)
$0.0000362 -5.9889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.80 -4.41389
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -11.58137
Popcat price
Bitcoin
Bitcoin (BTC)
$101,150.00 -0.33348
Bitcoin price
Ethereum
Ethereum (ETH)
$3,855.51 -1.35682
Ethereum price
BNB
BNB (BNB)
$711.27 -2.12599
BNB price
Solana
Solana (SOL)
$217.63 -2.7837
Solana price
XRP
XRP (XRP)
$2.39 -2.12561
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000273 -3.51938
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000232 -5.72147
Pepe price
Bonk
Bonk (BONK)
$0.0000362 -5.9889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.80 -4.41389
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -11.58137
Popcat price
Bitcoin
Bitcoin (BTC)
$101,150.00 -0.33348
Bitcoin price
Ethereum
Ethereum (ETH)
$3,855.51 -1.35682
Ethereum price
BNB
BNB (BNB)
$711.27 -2.12599
BNB price
Solana
Solana (SOL)
$217.63 -2.7837
Solana price
XRP
XRP (XRP)
$2.39 -2.12561
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000273 -3.51938
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000232 -5.72147
Pepe price
Bonk
Bonk (BONK)
$0.0000362 -5.9889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.80 -4.41389
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -11.58137
Popcat price
Bitcoin
Bitcoin (BTC)
$101,150.00 -0.33348
Bitcoin price
Ethereum
Ethereum (ETH)
$3,855.51 -1.35682
Ethereum price
BNB
BNB (BNB)
$711.27 -2.12599
BNB price
Solana
Solana (SOL)
$217.63 -2.7837
Solana price
XRP
XRP (XRP)
$2.39 -2.12561
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000273 -3.51938
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000232 -5.72147
Pepe price
Bonk
Bonk (BONK)
$0.0000362 -5.9889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.80 -4.41389
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -11.58137
Popcat price

McDonald’s Instagram hijacked in $25m Solana ‘GRIMACE’ scam

mcdonalds-instagram-hijacked-in-25m-solana-grimace-scam
Edited by
News
McDonald’s Instagram hijacked in $25m Solana ‘GRIMACE’ scam

Hackers seemingly breached McDonald’s Instagram page on Aug. 21 to market GRIMACE, a memecoin launched via pump.fun on the Solana blockchain. 

Hamburgers and Solana (SOL) memecoins collided on Aug. 21 as hackers compromised McDonald’s Instagram page, as bad actors used the global fast-food chain’s social media to promote Solana-based GRIMACE. 

McDonald’s marketing director Guillaume Huin also posted about the memecoin on his X page in an apparent double attack.

Hackers pitched GRIMACE as “a McDonald’s experiment on Solana,” and early investors chasing the next moonshot bought in. Per pump.fun data, the memecoin bolted to a $20 million valuation. The swift rug pull crashed GRIMACE under $1 million in market cap shortly after. 

A message appeared thanking buyers for $700,000 worth of Solana, suggesting the hackers siphoned less than 4% of the token’s entire value. Two minutes before it launched, several wallets invested 6.2 SOL in GRIMACE, and the McDonald’s post went live. The addresses pocketed nearly $500,000 in Solana’s native currency 28 minutes later.

https://twitter.com/postedgo/status/1826287988869153167

The culprits deleted all McDonald’s posts promoting Solana’s memecoin GRIMACE, including Huin’s tweets on X. At press time, neither Huin nor McDonald had responded to commentary requests from crypto.news, or acknowledged the incident.

Pump.fun is an easy-to-use memecoin launchpad on Solana. Developers aplenty have used the protocol to launch 1.8 million meme-inspired tokens. Most of the tokens have crashed, and Pump.fun has generated over $340 million in fees since its launch in January. 

Tron (TRX) and its SunPump (SUN) platform were launched to compete with Solana and Pump.fun to take a share of the bustling memecoin issuance market. The TRX-based meme ecosystem has raised more revenue than Ethereum in 24 hours.