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Home ยป a16z, Grayscale Websites Paralyzed! Hacker Group “Capital Killer” Attacks Cryptocurrency Capital for Boosting AVAV’s Reputation?
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a16z, Grayscale Websites Paralyzed! Hacker Group “Capital Killer” Attacks Cryptocurrency Capital for Boosting AVAV’s Reputation?

Mar. 1, 20242 Mins Read
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a16z, Grayscale Websites Paralyzed! Hacker Group "Capital Killer" Attacks Cryptocurrency Capital for Boosting AVAV's Reputation?
a16z, Grayscale Websites Paralyzed! Hacker Group "Capital Killer" Attacks Cryptocurrency Capital for Boosting AVAV's Reputation?
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Recently, a hacker organization called “capital killer” has been attacking major investment institutions in the cryptocurrency industry, including a16z, Animoca Capital, and Grayscale. They claim to be against capitalism and are pursuing fairness, aiming to make the AVAV token on the Avalanche blockchain well-known worldwide.

In the past week, the “capital killer” hacker organization has become active on X, advocating against capitalism and promoting fairness. They have announced their intention to attack major investment institutions in order to promote AVAV, the leading project on the Avalanche blockchain.

According to the statements made by capital killer, they launched attacks on the official website of top crypto venture capitalist a16z on February 28, claiming it as the first gift to the AVAV community. Later on the same day, capital killer announced on X that they had also attacked Animoca Capital and Grayscale. They further declared that they had added 500 ETH liquidity to AVAV and promised to add an additional 1000 ETH liquidity in the future.

In response to the actions of capital killer, some members of the AVAV community have praised their anti-capitalist and fairness ideals. However, some have questioned whether this event is actually a promotional campaign initiated by AVAV itself.

In light of these doubts, the AVAV Chinese community has clarified in two separate posts on their X account that this is the individual behavior of a hacker organization and is not related to AVAV.

Since the explosion of Bitcoin in the second half of 2023, various public chains have been caught up in the token frenzy. AVAV is one of the most popular tokens on the longstanding public chain Avalanche, with a total supply of 21 million tokens, each valued at 69,696,969 coins.

However, according to data from CoinMarketCap, the price of AVAV does not seem to have been stimulated by this event. At the time of writing, it was trading at $0.000000009323, experiencing a 4.96% decline in the past 24 hours.

Related Report:
Bybit’s latest Launchpad for Web3 tokens: Tuna Chain (WOOG) is now live.
Avalanche network paralyzed by token frenzy? AVAX “block production temporarily suspended” for over 2 hours.
OKX to integrate four token standards in its Web3 wallet and market: Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals (DRC-20).

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