The account of Compound Labs X, one of the prominent projects in the cryptocurrency world, was compromised by hackers yesterday. However, as a result of a swift intervention, control of the account was regained by the company, and spam messages were cleared.
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In a statement on behalf of the company, it was mentioned, “We have full control of the account again, and we thank the community for spreading the news yesterday until access was regained.” The security team took immediate action upon detecting the incident and initiated an approximately 4-hour struggle against the takeover of the account.
Compound Labs stated that no harm was done to users and the community, and security measures have been reinforced. This incident once again highlights how critical it is for cryptocurrency projects to remain vigilant about security and respond rapidly to such situations.