BNB Chain Hack: X Account Restored, Victims Reimbursed, Hacker Tracked

BNB Chain Hack Update: The official X account of BNB Chain was recently breached, and hackers published phishing links, which targeted the wallets of users. The victims lost 8,000 dollars, but the platform responded quickly to instill security.

Backstory: What happened, and what was the response of Team?

The official BNBCHAIN X account was breached on October 1, 2025 . The hackers have posted several phishing links that appear as airdrops of BNB, and they seek to steal the money of users through WalletConnect.

There were also doctored images in the posts, including CZ endorsing a bogus meme coin to earn credibility. The account had more than 1.2 million followers, which made it an excellent target for misusing the funds within a short period of time.

As soon as it was detected, the security teams at Binance responded. The account was suspended and reinstated, and all posts made by malicious individuals were removed. All the scam websites were requested to be taken down.

The alert on CZ advised users to be cautious of domains, not to connect wallets to applications that they do not know, and to be aware of social media phishing. Although the chain was not compromised, some of the users were victims of the scam.

Current Scenario: What Is Going On?

At this point, the account of BNBCHAIN has been completely recovered. Research shows that the hacker made about $13,000, but the amount of money he stole off victims was about $8,000, and the biggest single loss was $6,500.

The attacker had implanted a phishing contract, initially injecting 17.8K tokens and exiting with 22K, eventually making a $4000-profit on dumping the tokens.

Source: Official X account of CZ

Interestingly, the community responded humorously and repurchased the dumped meme tokens, pushing the price up and ridiculing the hacker in his effort.

Binance has already assured that all the victims would receive full compensation, and that social media safety is different than platform safety. Binance CZ attributed the quick alerts by the community to the containment of the damage and the strengthening of the SAFU resilience of BNB Chain.

Source: Official Changpeng Zhao account

How Hackers Tracked and What They Did?

It was a social media vulnerability that caused the breach, and not a problem with the BNB Chain itself. A phishing smart contract was also deployed by the attacker, injecting $17.8K in meme tokens, which were subsequently sold at $22K, and the net gain was $13K.

Nevertheless, the elaborate effort, CZ pointed out that the ratio of risks to rewards was very low, and that it could have been much higher with legitimate crypto development.

The investigators are currently following a potential KYC-related identity, and this puts the hacker under criminal liability. This attack highlights how social media is easy to compromise, despite the existence of core crypto platforms.

Lessons on Community Reaction and Platform.

The crypto community reacted with alertness and humour. Although victims were making losses, the quick spread of alerts curtailed damage. The community even purchased the discarded meme tokens, ridiculing the hacker and showing the strength of the ecosystem.

Binance strengthened the main lessons: social media accounts are not safe, check domains, and remove the permissions of unknown third-party apps. CZ emphasized the distinction between platform security and social media and complimented the community on keeping others safe and making a possible crisis a viral lesson on crypto awareness.

Conclusion

The BNB Chain X account breach demonstrates the danger of social media in crypto, but a timely reaction, compensation of the victim, and community awareness ensured that the effect was not significant in the long term.