MegaETH Nigga Coin Launch After Twitter/X Account Hack
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MegaETH is a high-performance blockchain platform designed to bring real-time computing to the Ethereum ecosystem, offering over 100,000 transactions per second, sub-10 millisecond block times, and ultra-low fees. A reported security incident involving a compromise of MegaETH’s Twitter/X account appeared to promote a joke token with racist undertones. Although the team regained control within four hours and disclosed the breach, no recovery plan for affected users was offered. Some evidence points to this hack having been staged by the MegaETH team themselves for publicity.[1][2][3][4][5][6][7][8]
About MegaETH
MegaETH is positioned as the "first real-time blockchain," bridging the gap between the speed and UX of Web2 and the decentralization and programmability of Web3, while anchoring its innovations in the Ethereum security model.
MegaETH is a next-generation blockchain platform designed to bring real-time computing to the Ethereum ecosystem. At its core, MegaETH aims to overcome traditional blockchain limitations by delivering extremely high throughput—over 100,000 transactions per second (TPS)—with sub-10 millisecond block times, greater than 10 gigagas per second, and ultra-low fees (less than $0.01 per transaction). These capabilities allow MegaETH to host complex, interactive applications with performance characteristics rivaling those of traditional Web2 platforms.
Unlike conventional blockchain systems that struggle with latency, gas limits, and congestion, MegaETH rearchitects the execution layer using a specialized node design. This setup pushes the limits of decentralization and scalability by reducing block gas constraints and enabling sophisticated onchain logic to run seamlessly. Developers can use MegaETH to build highly interactive dApps (decentralized applications), such as real-time games, social networks, and financial tools, all settled on Ethereum for security and finality.
MegaETH’s community ecosystem, branded under initiatives like MegaMafia 2.0 and MegaForge, is designed to incubate and support early-stage teams building cutting-edge applications. These programs encourage hands-on collaboration with the MegaETH core team, offering resources, mentorship, and exposure. The platform also fosters thought leadership through events like “World Computer Day” and its broader vision of a “Mega Civilization,” emphasizing not just technical advancement but cultural evolution within Web3.
The Reality
It would appear that MegaETH's Twitter/X account was not actually so secure.
What Happened
The MegaETH Twitter/X account was compromised and appears to have been used to launch "Nigga Coin".
| Date | Event | Description |
|---|---|---|
| May 31st, 2025 9:36:00 AM MDT | MegaETH Lurker In Meeting Video | MegaETH shares a video to Twitter/X which features a meeting where a character named "MegaETH Lurker" joins the chat, and reportedly hacks the main host, changing his video stream to display matrix-style scrolling characters. |
| May 31st, 2025 7:23:00 PM MDT | MegaETH Warns Of Account Compromise | MegaETH posts on Twitter/X to notify that their "account has been compromised". They warn their community to "not click any links or engage with recent posts" and mention the Telegram channel to get any further updates. |
| May 31st, 2025 7:24:30 PM MDT | First Mint Of "Nigga" Coin | The token which was created by the hackers is first minted on SolScan. |
| May 31st, 2025 11:12:00 PM MDT | MegaETH Regains Control Of Account | MegaETH regains control of their Twitter/X account and confirms that admin powers were never compromised. A delegated account, which remains compromised, has been removed and de-badged. The team thanks the Omega community for staying vigilant and appears to make fun of the hacker's choice to launch a Solana coin. |
Technical Details
Attackers appear to have gotten control of the Twitter/X account due to a delegated account.
It would appear that the attackers weren't attempting to impersonate MegaETH in a serious way, but rather launched their "Nigga Coin" as a joke to build engagement. The token shows 40 transactions.
Contract Address: 9XX4pWJtG8GvKnrGQtAN1KCsafEuAUSqFUA4bdi5pump
Total Amount Lost
It is unclear how much was lost in this incident.
The total amount lost is unknown.
Immediate Reactions
While it is unclear exactly when the compromise occurred, the MegaETH team appears to have posted a warning to their followers prior to the actual launch of the token.
Ultimate Outcome
The MegaETH team was able to recover control of their account within 4 hours and transparently shared some basic information about the breach. They do not appear to have made any effort to confirm whether there were impacted users.
Total Amount Recovered
There has been no recovery offered for any affected users.
There do not appear to have been any funds recovered in this case.
Ongoing Developments
It is unclear who perpetrated the attack. The incident remains under investigation.
There is a possibility that the hack was entirely staged, given that the team shared a video of a "MegaETH lurker" somehow changing the video feed of the founder just prior to the hack. This hack is unusual because of the team notifying about the account takeover prior to the smart contract being minted and the hacker not appearing to launch tokens that impersonate the project.
Individual Prevention Policies
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ MegaETH - "We have regained control. A delegated account was compromised (still is), but has since been removed and de-badged. Admin powers were never lost. Shoutout to omega community members keeping each other safe and to the hackers for thinking a SOL shitter was the play." - Twitter/X (Accessed Jun 16, 2025)
- ↑ MegaETH - "Our account has been compromised. Please do not click any links or engage with recent posts. Please go to MegaPhone tg broadcast channel for the latest." - Twitter/X (Accessed Jun 16, 2025)
- ↑ OzzyXBT Shares Screenshot Of Compromise - Twitter/X (Accessed Jun 16, 2025)
- ↑ NewsAI Shares Screenshots Of Compromise - Twitter/X (Accessed Jun 16, 2025)
- ↑ Nigga Coin Smart Contract - SolScan (Accessed Jun 16, 2025)
- ↑ First Mint Transaction - SolScan (Accessed Jun 16, 2025)
- ↑ MegaETH Shares Video With Mysterious MegaETH Lurker (Accessed Jun 16, 2025)
- ↑ MegaETH Homepage (Accessed Jun 16, 2025)