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.
*This is not investment advice.