Cysic Says Foundation Account Was Compromised

According to Cysic, its @cysic_fdn foundation account was breached, and the team warned users about a fake Solana onchain token CA while revoking access and restoring security.

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Summary

Cysic said on March 17 that its @cysic_fdn foundation account had been compromised. The team warned users about a fake Solana onchain token CA associated with the breach and said it was revoking access permissions and restoring account security. The update adds that the incident involved fraudulent token-related content, beyond the earlier warning to ignore suspicious posts.

Terms & Concepts
  • Solana: A blockchain network used for digital assets and decentralized applications, known for high throughput and low transaction costs.
  • onchain: A term describing activity or data that occurs directly on a blockchain and is recorded on its ledger.
  • CA: In token-related discussions, CA commonly refers to a contract address, the unique blockchain address of a token smart contract.