According to @manueldelrio, a recent wallet hack resulted in the loss of several thousand PepeCoin (PEPE) and BasedAI (BASED) tokens, while $BCRED and $BASED rewards remained secure due to enhanced protection measures (source: @manueldelrio on Twitter, 2024-06-20). This incident highlights ongoing vulnerabilities in common wallet infrastructures and underscores the importance of robust security protocols for traders. Crypto traders should note that tokens with advanced security features or reward mechanisms may offer better protection against hacks. These developments reinforce the urgent need for enhanced wallet security practices and could influence market sentiment and trading behaviors for PEPE, BASED, and similar assets.