tl;dr
Former Binance CEO CZ warns of a major security breach after the BNB Chain X account was hacked, posting a suspicious 'FOR THE MEME' message with a wallet address. The incident highlights rising social engineering scams in crypto, with similar attacks targeting high-profile accounts in 2025.
**Binance CEO Warns of Hacked BNB Chain X Account: A Major Security Breach in the Crypto World**
In a startling development, former Binance CEO Changpeng Zhao (CZ) has issued a critical security warning after the official X (formerly Twitter) account of BNB Chain was compromised by hackers. The breach, which occurred on Monday, September 29, 2025, saw the account post a suspicious message reading “$4” alongside the phrase “FOR THE MEME,” accompanied by a wallet address and an image of CZ. The post was pinned to maximize visibility, leveraging the account’s massive following of 3.6 million users—a prime target for malicious actors.
CZ swiftly alerted the community, urging users to avoid clicking on any suspicious links or interacting with the compromised account. “The team is investigating the issue, but please stay vigilant,” he wrote. The attack highlights the growing threat of social engineering scams in the cryptocurrency space, where hackers exploit the trust associated with high-profile accounts to deceive users.
### A Growing Trend of Crypto-Related Account Hacks
This incident is part of a broader pattern of cyberattacks targeting cryptocurrency projects and public figures. In 2025 alone, several high-profile X accounts have fallen victim to scammers. For instance:
- **February 2025**: The official Pump.fun account was hijacked to promote a fake governance token.
- **February 2025**: A WIRED reporter’s X account was compromised to push a counterfeit “WIRED-branded meme token.”
- **March 2025**: Ghana’s President John Mahama’s X account was hacked to endorse a fraudulent “Solanafrica” token on the Solana network.
- **April 2025**: UK government minister Lucy Powell’s account was used to advertise a bogus “community-driven digital currency.”
These attacks underscore the vulnerability of social media platforms to phishing and account takeover tactics, particularly when targeting accounts with large followings or perceived authority.
### Binance’s Response and User Caution
Binance’s Chinese account also confirmed the breach, emphasizing that the official English-language BNB Chain account had been compromised. While the exact method of the hack remains under investigation, experts suggest that phishing attempts, weak passwords, or third-party vulnerabilities could be to blame.
CZ’s warning serves as a stark reminder for users to verify the authenticity of messages from official accounts. He advised the community to double-check URLs, avoid sharing personal information, and report suspicious activity immediately.
### The Broader Implications for Crypto Security
The incident has reignited debates about the need for stronger security measures in the crypto ecosystem. While platforms like X have implemented verification badges, hackers continue to exploit gaps in user awareness and account protection protocols. For projects with massive followings, the stakes are particularly high—any breach can lead to significant financial losses and erode trust.
As the investigation into the BNB Chain hack unfolds, users are urged to remain cautious. With cyber threats evolving rapidly, the crypto community must prioritize education, multi-factor authentication, and robust security practices to mitigate risks.
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By Tomiwabold Olajide
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This article highlights the urgent need for vigilance in the crypto space, where even the most trusted accounts can become targets. Stay informed, stay secure.