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Changpeng Zhao (CZ), founder of the world's largest cryptocurrency exchange Binance, issued a warning today and announced that $BNB Chain's official X account was hacked.
CZ said in his post that $BNB Chain's official X account was hacked.
Numerous posts regarding the mysterious Airdrop announcement from $BNB Chain's X account have set off alarm bells.
CZ took immediate action and warned of a possible risk.
The hackers announced an airdrop and shared a link to an address in their posts. However, no such airdrop was mentioned on the project's official website.
The links shared in the airdrop announcement were directed to a fake $BNB Chain website with a different domain name, which was a “phishing attack” where hackers were able to obtain personal information and credentials from a user trying to log in.
Warning about possible risks, CZ asked users to connect their wallets to the requested link.
“BNBCHAIN X account has been compromised.
The hacker posted links to a series of phishing websites asking for Wallet Connect.
DO NOT tie your wallet…”
In a subsequent statement, the team announced that they had regained full access to the $BNB Chain account and stated that the estimated loss was only $8,000.
Stating that all victims will be compensated for their losses, the $BNB Chain team shared the information they obtained:
The root cause of this breach is still under active investigation, and we will update you as soon as possible. The estimated damages are $8,000, and full compensation will be paid to the victims.
Here's what we've gathered so far: – 10 phishing links were shared across all chains, resulting in the theft of $8,000. – The largest single victim was a single user who lost $6,500. – A phishing contract address was distributed. The attacker initially injected $17,800 and sold all of their meme tokens for $22,000.
We are so grateful to our community and partners for their rapid spread of the word, vigilance, and support throughout this incident.”
Despite the hack, the $BNB price remained stable, falling only 1% in the last 24 hours. $BNB continues to trade at $1,010.
Update on Account Security Incident
We’re back! The team has regained full access of the @BNBCHAIN account.
The root cause of this breach is still under active investigation and we will share the updates as soon as we can. The estimated damage is $8K and the victims will be…
— $BNB Chain (@BNBCHAIN) October 1, 2025
*This is not investment advice.