$PEPE According to BlockBeats on June 27, on-chain investigator ZachXBT revealed on social media that several projects related to Matt Furie (the creator of the Pepe meme) and ChainSaw, along with another project called Favrr, were attacked last week with total damages of ~1 million USD.

  • The perpetrators have been identified: A North Korean IT group (capable of infiltrating by impersonating developers to get hired).

  • Method of attack: Both incidents involved the same cluster of hackers, known for targeted cryptocurrency theft campaigns.

This is a reminder of security risks in the crypto space, especially as state-sponsored hackers increasingly target DeFi and NFT projects. Matt Furie has previously been a victim of several scams related to the Pepe brand.