Musk Allegedly Misled by Hacked Account, SLINK Token Market Cap Plummets to Zero
On September 5, Elon Musk allegedly mistakenly replied to a hacked X account @shivon, which had previously posted about the SLINK project. Musk's reply sparked speculation in the market about his support for the project, causing the SLINK token's market cap to briefly exceed $40 million before crashing to zero. The @shivon account has since deleted the related posts, and it is suspected to have been hacked. Trader Aurelius0121, having seen Musk's interaction with the @shivon account, mistakenly believed Musk supported the project and purchased approximately $250,000 worth of SLINK tokens, only to see the token's price plummet to zero, resulting in a total loss of funds. Shivon Zilis is a Canadian tech executive and venture capitalist, currently serving as the Director of Operations and Special Projects at Musk's Neuralink, and is also the mother of several of Musk's children.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

MSX Pre-IPO Subscription Starts on the 31st, Including Neuralink and Anduril

ETH Staking: Withdrawal Rights Define the Structure

Robinhood Chain daily fees hit record $6 million

Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights

Bitcoin and Ethereum: Thailand Plays a New Card in the ETF Race

Changes in ARCA's Monotributo for September 2026: New Payment Schedule and Quota Scale

Bitcoin Under Pressure: Why September 16 Worries Investors

NFT sales jump 55.6% to $75.5M as BNB Chain takes lead

WEEX TradFi Lucky Egg Event: Trade Futures Daily and Win Up to 10,000 USDT Position Airdrops

Bitcoin Microtransactions Exceed 80%: Is the Network's Usage Changing?

Venture Capital Funding in Crypto: $292 Million, 93% in Stablecoins and Banks

Robinhood Chain Drives UNI Token Burn to $1.15 Million

Crypto VC funding: Félix lands $200M, Cari raises $32.5M

OpenAI Unleashes $1 Billion Against AI-Enhanced Cyberattacks

Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market

What is DCA? The Trading Minute

Debate Over New ETF Regulations: Speed vs. Safety in the U.S. Cryptocurrency Industry

Ethereum, Solana, XRP, Dogecoin: This Japanese Company Sells Everything to Bet on Bitcoin

Solana Launches 'Payment Channels' for AI Payments, Competing with Ethereum's Next-Gen Infrastructure

Web3 Newsletter: Industry Highlights and Must-See Trends This Week

Weekly Highlights | The Meme Craze and Risks of Robinhood Coin Stocks Intertwined, Collective Release of AI Large Models

Cryptocurrency Fills the 900 Million Annual Fee Pit for Robots

Pentagon Investigates Whether COVID Vaccines Contributed to Military Deaths

New method allows tracking genetic activity of living cells without destroying them

Texas Opens 100 MW Battery Center to Strengthen U.S. Electric Grid

Trump Supports Ranchers After Allowing More Meat Imports

States must report irregular immigrants or risk welfare funds, warns DOJ

U.S. Government Asks Supreme Court to Activate New Mail-in Voting Rules

21 States Sue Federal Government Over Denial of Medicaid Funds for Trans Youth Care














