Pepe Memecoin Site Breached in Front-End Security Incident

Website Compromise: The official Pepe memecoin website was compromised, redirecting users to malicious links associated with scam tools, as reported by cybersecurity firm Blockaid on October 11.

Token Price Stability: Despite the security breach, the price of the Pepe token increased by 4%, indicating market resilience in the short term.

Community Reactions: The cryptocurrency community has responded with warnings on forums and social media, while no major figures or regulators have addressed the incident directly.

Call for Enhanced Security: The breach highlights the need for improved cybersecurity measures in the crypto sector to protect against phishing and wallet-draining scams.