Level Stablecoin Protocol's X Account Suspected Hacked After Fake Airdrop Links Posted
BlockBeats reported on August 15 that the official X account of the Level stablecoin protocol posted fraudulent airdrop links, leading to disabled comments and asset protection warnings.
Summary
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Terms & Concepts
Stablecoin: A type of cryptocurrency designed to maintain a stable value relative to a reserve asset.
Airdrop: A distribution method for free tokens to users, often used to promote new projects in the crypto space.