Hackers used SpaceX and Starlink X accounts to promote a Robinhood Chain memecoin that hit a $2M market cap before rugging in the chain's chaotic first

Hackers used SpaceX and Starlink X accounts to promote a Robinhood Chain memecoin that hit a $2M market cap before rugging in the chain's chaotic first

Hackers hijacked SpaceX and Starlink X accounts to pump the SCATMAN memecoin, which hit a $32M market cap before the attacker dumped it for $135K.

Appetite for meme coins has fueled initial activity on Robinhood chain, helping generate $3.1 billion in DEX volumes in the last week.

Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for.