Drake is a 38-year-old popular Canadian rapper, singer, and actor. This rap star has been in the crypto sector since 2020, as crypto betting platform Stake partnered with him for a $100k per year payout. Reportedly, Stake grabbed huge success & saw a significant increment in revenue because of Drake, so it’s expected that Drake will increase the partnership amount significantly after this year. Over the last few years, sometimes Drake promoted cryptocurrencies.
On 15 Dec 2024, a Popular Canadian rapper who has been named in the music industry globally, Drake, promoted a Solana network-based crypto meme token.
Later, many people identified that it was not Drake; instead, an unknown actor hacked Drake’s X account & posted about that meme token.
The unknown hacker tried to show that Drake partnered with that meme token, but the Crypto community was quick to identify this whole hack & scam game.
Following this incident, the official X account of the Solana meme token was suspended.
X hacking & crypto token promotion
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These days, it is a very common thing to see hacks of popular X accounts by hackers & promote crypto tokens. Over the last 3 years, many celebrities, including government agencies, have faced hack incidents on the X platform.
Last week, Cardano ($ADA) blockchain founder Charles Hoskinson talked about the increasing hacking incidents around the X ecosystem; as Cardano Foundation’s X account was hacked & hacker promoted a Solana network-based meme token.
Hoskinson proposed a solution for X’s owner, Elon Musk, to fix the vulnerability for free. Earlier before, Hoskinson asked Musk to allow the Cardano team to implement a technology to fight against hacking incidents, but so far, Musk has never shown any attention.