The official Pepe (PEPE) memecoin website has been breached by attackers, redirecting users to a harmful link.
“Blockaid’s system has detected a front-end attack on Pepe. The site features a code of inferno drainer,” stated the cybersecurity firm on Thursday.
Inferno Drainer is a collection of scam tools used by malicious actors, including phishing site templates, wallet drainers, and social engineering tactics.
Initially, the price of PEPE did not respond to the breach. The memecoin has risen about 4% in the last 24 hours, yet remains down over 77% for the past year, according to CoinGecko.
This recent cybersecurity event underscores the importance of caution among crypto users. Individuals are advised to avoid the site until the issue is fixed.
Cointelegraph reached out to both Pepe and Blockaid for comments but had not received any response before publication.
This is a developing story, and additional information will be provided as it becomes available.
