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Cryptocurrency News Articles

Hackers Announce $NBA Coin To Fans After Taking Control of the NBA's X Account

Mar 05, 2025 at 08:12 pm

Hackers managed to hack into the NBA's X account and took control of it like it was a piece of cake. But here's the real kicker—they didn't just stop there.

Hackers Announce $NBA Coin To Fans After Taking Control of the NBA's X Account

Hackers managed to take over the NBA's X account and introduce their own cryptocurrency, $NBA Coin, to fans.

Announcing that the league was "taking the game to the next level," the post read: "Introducing $NBA Coin, our official digital asset on Solana, designed to enhance fan engagement and the future of sports transactions."

It added: "Join the revolution in the heart of basketball. Scan the code to participate in the $NBA Coin community."

The post included a "contract address" - a long collection of random numbers and letters - as well as a picture of a fake press release.

The release promised that NBA Coin would provide "lightning fast transactions, unparalleled security and seamless integration into the Web3 landscape."

The post was made on at least two separate occasions to the NBA account - and separately to the NBA Spain account - before they were all eventually removed.

The league has since confirmed to Front Office Sports that the posts were the result of a hack.

In the meantime, fans can stay tuned for updates from the NBA.

The post Hackers Announce $NBA Coin To Fans After Take Over The NBA’s X Account appeared first on BlackSportsOnline.

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Other articles published on Mar 06, 2025