The X account of the crypto news aggregator DB News was hacked to spread false information about the meme coin TRUMP and the Hyperliquid project. Journalist Colin Wu was the first to report this.
DB claims that its Twitter account was hacked, leading to the posting of fake news. Earlier, it had reported that the Trump Meme token would have real utility, but the post was later deleted. https://t.co/e6XCTdWYrZ
— Wu Blockchain (@WuBlockchain) March 13, 2025
The perpetrators published news claiming that the official token of U.S. President Donald Trump would supposedly “have real value,” and that BlackRock had filed for an ETF based on Hyperliquid.
Later, the DB News team deleted the post and stated they were not responsible for the false information.
No connected apps
Nothing in access history/sessions
No delegated accounts
Not API key leak (no API post quota used)
Physical Yubikey 2FA enabled
Did not take the Bloomberg interviewAssuming a compromised X employee or similar, all keys and sessions have been reset regardless.
— db (@tier10k) March 13, 2025
Representatives of the aggregator stated that an API key leak was ruled out and the company has two-factor authentication enabled via a physical key. The platform suspects the hack may have been orchestrated by an X employee. To enhance security, DB News reset all keys and sessions.
Following the hack, an unknown user created a new wallet and purchased TRUMP for 504,820 USDC. Once it became clear the news was fake, they sold the tokens, incurring a loss of 26,820 USDC.
The TRUMP price soared by 20% in the first minutes after the DB News account was compromised, but plummeted just as quickly after the denial.
The HYPE token showed little reaction to the spread of the fake news.
Back in February 12, hackers compromised the X account of Zach Witkoff, co-founder of the Trump-associated crypto project World Liberty Financial.