The crypto community is fuming with Solana-based decentralized exchange (DEX) Jupiter after hackers broke into its X account to promote a scam token. The token, a memecoin called Meow after Jupiter’s cat mascot, briefly surged to a $30 million market capitalization before its developers cashed out, crashing its value and leaving investors with nothing. Jupiter has since regained control of its X account, assuring users that no customer or treasury funds were affected, as all assets are secured in multisig wallets. The platform also confirmed that the breach was limited to X and did not compromise other communication channels. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io