Oh, the crypto world times’, darling – it’s always a plot twist away from tea and panic. Binance founder Changpeng “CZ” Zhao has confirmed the official BNB Chain X account was briefly hijacked and then heroically restored, like a dramatic yoga pose only with more usernames and fewer downward dogs. The incident sent users tumbling towards phishing sites faster than I can spill a cup of tea on a Sunday. 😂
The chaos, which unfolded earlier today, left about $13,000 in user funds feeling a bit greasy, though CZ assures the victims will be fully reimbursed. If only romance were so reliably reimbursed, right?
Binance Restores, But the Real Plot Twist Is the Phish
In a flurry of X posts on Wednesday, CZ explained that after seizing control of the BNB Chain account, the attacker posted links to fake “Wallet Connect” prompts designed to coax users into signing away more than their dignity. Classic misdirection, like a soufflé that pretends to be a cake and then flops at the table.
The former Binance head urged followers to avoid clicking any links from the compromised handle, warning:
“The @BNBCHAIN X account may have been compromised. Please do not click on any links recently posted from this account.”
He added that the exchange had already contacted X to suspend the account and launched takedown requests for the phishing domains. Always check the domains very carefully, even from official X handles. Stay SAFU! CZ cautioned with the level of gravitas usually reserved for a high-stakes book club crisis. 😅
In his latest update, the crypto entrepreneur revealed that the hacker netted only $13,000-a pocket-money sum compared to past phishing capers that drained millions. “He could have made more by building,” he quipped, while Binance’s security teams continue tracking the culprit, who may be linked to a verified identity through KYC. It’s like catching a thief with a parking ticket-only more technical and significantly less glamorous. 🕵️♀️
The rapid recovery and the comparatively tiny damage stand in contrast to earlier cases, including one reported by PeckShield and Scam Sniffer, where a user accidentally approved a bad transfer, triggering a phishing attack that cost them over $3 million. It’s a reminder that these scams are exquisitely clever, almost like the social equivalent of a very convincing party invite that asks for your entire life story and your firstborn’s password. 🤷♀️
Because scammers mimic genuine Uniswap swaps or wallet connection prompts, they’re as clever as they are infuriating, capable of fooling even the most crypto-savvy among us. It’s the digital version of a con artist wearing a waiter’s uniform-polite, plausible, and deeply annoying.
Ironically, the attack happened just as BNB Chain was attracting more network traffic than its rivals. On September 28, data showed daily fees on the blockchain surged to $1.4 million after the launch of the decentralized exchange Aster. For three days in a row, the fees outpaced Solana’s. The platform also handled a record 16.5 million transactions a week earlier, showing off its growing popularity with all the confidence of a diva strutting down the blockchain runway. 💃
Price Pulse
Despite the breach, the price of BNB stayed reasonably calm. At the time of writing, the token hovered around $1,011.84, about 1.5% below the day prior. It also slipped by 0.5% in the last seven days, but is up 5.4% over the last fortnight, suggesting investors aren’t panicking into a late-night sob-fest. In the past 30 days, BNB has jumped 18.3%, and over the last year, it has risen 76.5%-which might be considered a “keep calm and carry on” moment in a world where chaos tends to sell newsletters. 📈
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2025-10-01 23:19