BNB Chain’s official X (formerly Twitter) account, which has nearly four million followers, was hacked on October 1, 2025, with attackers using the account to spread phishing links disguised as a “BNB HODLer Airdrop” and other fraudulent reward programs. Binance founder Changpeng “CZ” Zhao quickly confirmed the breach, warning users not to interact with any suspicious links and urging caution even when visiting domains shared by official handles. The hack highlights the ongoing vulnerabilities of social media accounts linked to major crypto projects and the evolving tactics of phishing gangs targeting the industry.
Key Takeaways
Before linking their wallets or entering credentials, crypto users must always verify the domain names of websites, even when distributed by official project accounts.
- Social media is still a significant weak point in the crypto industry, and hackers are using trusted branding to conduct mass fraud.
- The changing nature of threats demands openness of crypto teams and ongoing efforts to educate users on social engineering and fraudulent activities.
- This incident is an excellent reminder of why it is necessary to be extremely guarded when dealing with digital assets because attackers continuously target individual users and official project accounts using advanced strategies.
How the Hack Unfolded
In the early morning of October 1, the attackers seized control of the account of the BinanceChain and started to post links to a counterfeit Binance Airdrop Portal, asking users to connect their wallets via WalletConnect, which is a common utility to access blockchain apps.
These URLs directed the users to rogue websites that resembled the appearance of a legitimate Binance or BNB Chain portal to retrieve their wallet account information and drain funds. According to security experts (the chief information security officer of SlowMist, among them), the attackers substituted letters in domain names (replacing i with l) to continue to deceive users and attribute the phishing operation to the well-known Inferno Drainer gang.
Official Response and Immediate Impact
The security teams at Binance immediately notified X about the compromised account to suspend it and filed takedown requests for the involved fraudulent websites. In the meantime, the Chinese-language X account of the BNB Chain verified that the breach occurred and sent emergency warnings not to click on links of the English account. The BNB token price also declined by almost 1 per cent just after the hack in 24 hours as market participants responded to the announcement. Several users who were affected even started inquiring about the potential compensation or victim support for those who had linked their wallets to the fraudulent links.
Lessons for Crypto Security
The hack into the BNB Chain X account highlights the continued vulnerabilities of blockchain projects that rely on centralised social media to connect with outreach audiences. Even the best crypto projects are exposed to account takeovers through social engineering and phishing attacks despite the adoption of robust infrastructure and cyber defence measures. To identify phishing tricks, experts emphasise the implementation of multi-layered security solutions, including real-time oversight of social accounts, warning systems, and continuous user training to understand phishing tricks.
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