Aptos Foundation Twitter account hacked to promote the fake giveaway

The Twitter account of the Aptos Foundation recently fell victim to a hacking incident, resulting in fraudulent activity and attempts to deceive users. The hackers behind the breach directed unsuspecting individuals to a counterfeit website promising participation in a fake airdrop.

Timeline of Aptos

A hacker posted false information about an airdrop after compromising the Twitter accounts of Aptos Network and its CEO. Aptos has asked users to be wary and not interact with any suspicious posts.

Aptos Labs announced on Twitter today that the Aptos Network had been compromised. The news was confirmed through an official communication from the Aptos Foundation, as reported on Aptos Labs' Twitter account.

APT, the native token of the Aptos Network, is currently making market waves as it prepares for its upcoming token release in July. According to data by CoinMarketCap, APT has gained by 10.14% in the last 24 hours, emerging as part of the top gainers in today's market.

Aptos (APT) topped crypto market gains on Tuesday at 10% amid a surge in trading volumes in South Korea; the token was last trading at $8.15, per CoinGecko. 's (BTC) positive price action above $31,000 yesterday has likely added to the positive sentiment.

Aptos (APT) has shown an impressive market performance in the last week gaining by 18.25% to emerge as one of the biggest weekly gainers on CoinMarketCap. This positive price movement is quite significant for many APT investors, as the APT market has been under bearish control for most of 2023.

Solana-killer Aptos (APT) has joined a small list of altcoins striving to help fuel the market recovery today. The digital currency has jumped by 8.05% to $6.38 in a rare move that can help restore confidence to the broader market.

The automatic release of new APT tokens into the open market is valued at over $50 million based on current prices. Cryptopolitan foresees risk factors moving from Bitcoin to Ethereum-specific risk factors with the increasing importance of market factors, providing evidence for a decoupling of on-chain and off-chain trading activity.

APT and DYDX, both, witnessed a price decline of at least 8% in the last 24 hours. However, a price decline and an increment in trading volume could be considered a common affair after token unlocks.

The Aptos price analysis is showing bullish results for the day as the price kept rising steadily. The buying pressure is seen to be strong, pushing the price up by 2.89% from its opening value of $9.01 rallied to $9.30.

At the time of writing, there are indications of a potential market recovery, at least the major coins like Bitcoin and Ethereum are posting decent gains. Aptos (APT) is one of the tokens that is expected to experience an increase in bullishness and price.