Binance has restored control of the official BNB Chain X account after a brief hijacking that resulted in about $13,000 in losses. The attacker posted fake “Wallet Connect” prompts to lure users into signing malicious approvals, according to Binance founder Changpeng “CZ” Zhao.
CZ urged users to avoid any links shared during the breach and confirmed that affected users will be reimbursed. Binance quickly worked with X to suspend the compromised account and filed takedown requests for related phishing domains. The hacker’s haul was relatively small, and Binance’s security team is tracking the culprit, who may be linked to a verified identity through KYC.
The incident underscores the sophistication of phishing scams, which often imitate legitimate wallet prompts. Past cases have caused multimillion-dollar losses, but Binance’s swift action helped minimize damage.
The breach occurred as BNB Chain activity surged, with daily fees hitting $1.4 million on September 28 after the launch of the Aster DEX. Despite the hack, BNB’s price remained stable around $1,011 and is up 5.4% in two weeks. The token has gained 18.3% in the past month and 76.5% over the past year.
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