What do the recent hacks on Foresight Ventures and Litecoin mean?

Litecoin’s X account was hacked to promote a fake Solana-based LTC token, briefly reaching a $27,000 market cap before crashing to $3,400. At the same time, Foresight Ventures’ X account was hacked, linked to $500,000 raised through 15 compromised accounts, showing rising security risks. Crypto hacks happen, but the market bounces back There has been […] source: https://www.cryptopolitan.com/hacks-foresight-ventures-and-litecoin/