Account Breach Sparks Phishing Frenzy
Key Highlights
• Hackers hijacked BNB Chain’s official X account to promote a fake CZ meme coin and phishing airdrop.
• CZ confirmed the compromise and warned users not to connect their wallets to malicious links.
Yello Paradisers! The official BNB Chain X account, followed by nearly four million users, was hijacked on Wednesday and flooded with posts advertising a bogus memecoin and a fake “$BSC airdrop.” The fraudulent links redirected users to phishing domains designed to drain wallets via Wallet Connect prompts.
One of the posts urged users to act within 24 hours for “early access” rewards, a tactic commonly seen in crypto scams. Within hours, Binance founder Changpeng “CZ” Zhao confirmed the compromise and warned: “The @BNBCHAIN account is compromised. Do NOT connect your wallet.”
CZ Sounds the Alarm
CZ said Binance’s security team immediately contacted X to suspend the compromised account and filed takedown requests against the phishing domains. He reiterated his SAFU mantra, urging users to double-check domains even when posts come from verified or official-looking accounts.
The phishing domains used in the hack have already been linked to the notorious Inferno Drainer group, a known syndicate behind multiple high-profile wallet thefts.
A Growing Pattern of Hacks
The incident is part of a wider 2025 trend of hijacked X accounts being weaponized against crypto users. In recent months, the accounts of Pump.fun, a WIRED journalist, Ghana’s former president John Mahama, and UK politician Lucy Powell were all used to push fraudulent tokens and phishing campaigns.
Despite the breach, BNB price held above the $1,000 level, slipping just 1.8% before bouncing back. Analysts say the $780–$800 zone has now become strong support, with momentum still pointing toward $1,100–$1,200. Interestingly, BNB Chain also logged its largest-ever 24-hour stablecoin inflow during the same period, a sign that institutional players weren’t spooked.
The Takeaway
This hack underscores a brutal truth: even “official” channels aren’t safe. In a market as fast-moving as crypto, one careless click can cost everything. Traders and investors should be more paranoid than ever, because hackers already are.
This exact risk management theme will be unpacked in our YouTube stream, where our analyst will break down how social media hacks can trigger chain reactions across markets. MCP News Private will now follow up with a deeper breakdown of the BNB inflows and real-time market reactions for just $3/month, less than the cost of bottled water, but with insights bottled water can’t give.
For traders who want not just headlines but strategies, ParadiseFamilyVIP continues to provide the professional signals and disciplined trading frameworks needed to navigate days like these.
