Changpeng Zhao, the former CEO, said in his most recent X post that the official X account of BNB Chain may have been compromised, and suggested avoiding clicking on any link recently posted on this account.
He further notes that the teams are investigating and will share updates as soon as possible.
The most recent posts by BNB’s account are announcing the BNB Chain (BNB) HODLer airdrop. Further note that BNB Holders get ready! The Airdrop page will be available on the Binance Airdrop Portal in 24 hours.
BNB Chain’s Chinese account has confirmed the hack of the BNB Chain English account and has suggested that followers and others avoid clicking on the links posted by that account.
In Chinese, the community said the hackers posted a bunch of links leading to phishing websites that will prompt users to perform wallet connect.
Following this incident, takedown requests have been submitted to remove all phishing websites, and the security team of Binance has contacted X, informing about the compromise, and is prioritizing the suspension of the account with access to be restored afterwards.
Hackers targeting a huge userbase with BNB Chain’s X hack
The BNB Chain’s X account has 3.8 million followers, with only 633 following, and with this huge follower base, it is among the top accounts in the crypto market.
Some initial posts after the exploit of the X account have nearly 10 thousand user interactions, but soon after the warnings issued by other BNB Chain accounts and CZ’s warning, the interactions have fallen significantly.
Following this breach, some have started criticising, arguing that if giants of the crypto aren’t safe from hackers, then what will the small platform do to secure their users.
With this X breach, the bad actors were eyeing to fool a bigger user base, as Binance is one of the top exchanges in the crypto market with the largest number of users on its platform.