October kicked off with another crypto hack, adding to the growing woes of the industry. In a concerning development, Binance founder Changpeng Zhao revealed that the official X account of the BNB Chain was compromised.
Reportedly, the hackers posted suspicious links, including one promoting a meme coin featuring CZ's image. Following the incident, CZ has shared a swift warning to the community, urging his 10.2 million followers to stay vigilant.
In his latest Twitter post, Binance founder Changpeng Zhao drew the community’s attention to the shocking development within the BNB ecosystem. As per his announcement, the X account of the BNB Chain got hacked, with the hackers posting suspicious links on the page. CZ wrote,
“Please do not click on any links recently posted from this account. The teams are investigating and will share updates as soon as possible.”
Minutes ago, hackers posted a suspicious message on the compromised BNB Chain X account, which boasts 3.6 million followers. The post featured a picture of CZ alongside a wallet address and the phrase 'FOR THE MEME' with a mention of $4.
To maximize exposure, the attackers pinned the post. CZ quickly responded, warning users not to click on any links from the page and confirming that the team is investigating. The Binance Chinese profile also issued a warning, alerting followers that the official English-language profile had been hacked.
It is noteworthy that the development follows the recent UXLINK hack that sent shockwaves through the cryptocurrency market. The incident resulted in a loss of more than $30M via a security breach and unauthorized token minting.
After confirming the hack, CZ shared an X post, alerting,
“The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet. Security teams have notified X already, working to suspend the account first, then restore access.”
Another month, another hack- the latest BNB Chain X account hack is only one among the many recent attacks. The cryptocurrency space has been witnessing growing security breaches over the past few years. According to CertiK, the industry has experienced an unbelievable $2.5 billion in stolen and scammed assets in the first half of 2025. In September alone, the loss was approximately $160M.
In the last month alone, the digital asset space suffered a significant loss, with $155.9 million being exploited and stolen. Of that theft, $26.4 million was stolen through phishing. This is noteworthy, as it involves 14 significant events whose losses exceeded a million dollars each. This period, 14 is the highest number of events with losses of a million or more since March 2024.
Additionally, the latest incident came just weeks after a Binance user lost about $91 million to a phishing event. There have been no reported losses in the BNB Chain breach. However, investors and community members are still advising caution.
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