The social media account of a venture capitalist firm that manages tens of billions of dollars worth of assets has been hacked by bad actors linking to a suspicious crypto airdrop. In a new thread on the social media platform X, prominent tech venture capitalist firm Andreessen Horowitz (a16z) says that its X account briefly suffered a security breach and was taken over to promote a fake digital asset. “Earlier today, our X account was briefly compromised. During that time, the account promoted a token and other fake content – none of which originated from a16z. Apologies for any confusion caused by the clowns who temporarily took over our account.” Andreesen Horowitz’s X account, which has 851,000 followers, was used to promote a new, nonexistent Solana ( SOL )-based token that was said to be created by the firm. Earlier this year, in February, on-chain analyst Colin Wu noted that the X account of one of the founders of a16z was hacked and also used to promote a fake project. “Earlier, the X account of a16z founder Shaw was hacked and a fake Eliza scam link was released. Shaw said he didn’t know how the hacker carried out the attack. He has two-factor authentication, a password manager, and a strong password. This attack was carefully planned and targeted. He apologized to all those who lost money.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/A. Solano/Nikelser Kate The post a16z X Account Compromised by Hackers Linking to Suspicious Airdrop appeared first on The Daily Hodl .
