BNB Chain’s official X account was hacked on October 1st, leading to $8K in phishing-related theft.
The hacker funneled funds into a meme coin called “4”, then executed a rug pull for $4K.
The crypto community ironically bought into “4”, pumping it 400%+ and mocking the hacker’s meager gains.
Former Binance CEO CZ highlighted the incident as a hilarious community comeback.
Binance has regained account control and committed to compensating victims.
On October 1st, 2025, at approximately 05:30 UTC, the English-language BNB Chain X account was hijacked. The attacker quickly began posting phishing links, promoting a fake “BNB airdrop” and urging users to connect their wallets via WalletConnect.
Source: X (@cz_binance)
According to a post-mortem by Binance’s security team, at least ten malicious tweets were published before the breach was contained. The total damage? Roughly $8,000 stolen, with one user reportedly losing $6,500 in a single transaction.
Using part of the stolen funds, the BNB Chain hacker bought into a relatively unknown memecoin called “4”, likely with the goal of creating artificial hype.
Once prices spiked, the attacker executed a rug pull, dumping his holdings and walking away with a mere $4,000 in profit. But this was just the beginning.
Rather than fading into obscurity, the memecoin “4” took on a life of its own. Crypto enthusiasts discovered its connection to the hacker and, in a collective act of internet irony, began buying up the coin en masse.
The result? A 400%+ surge in price in just over 24 hours, with trading volume exceeding $57,000 and a market cap briefly hitting $19,400, according to data from Pump.fun.
Former Binance CEO Changpeng “CZ” Zhao weighed in on the situation, acknowledging the humor in the hacker’s failed scheme:
“Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a mock to the hacker. Funniest comeback by the community!”
“4” isn’t just another memecoin, it carries a nod to CZ himself. Its logo features a cartoon version of CZ holding up four fingers, referencing the four-month prison sentence he received earlier this year in a U.S. court ruling.
The coin had existed quietly for almost a year, largely unnoticed, until this event catapulted it into memecoin lore.
Source: X (@blocknewsdotcom)
As of now, “4” appears to have no tokens left in circulation, and the hype has cooled off. But for a brief moment, it became the symbol of crypto’s chaotic humor and community-driven vengeance.
By 08:30 UTC, Binance confirmed it had regained control of the compromised X account. The team issued a public statement:
Confirming the breach
Warning users to avoid phishing links
Promising full compensation for those affected
Binance’s Chinese-language account also issued alerts, urging users to stay vigilant and avoid connecting wallets through unfamiliar links.
Though the financial damage was minimal by crypto standards, the event underscores the ongoing threat of phishing attacks, and how even verified accounts can become weapons in the wrong hands.
The BNB Chain X account was compromised on October 1st, 2025. A hacker posted phishing links promoting a fake airdrop, stealing about $8,000 from unsuspecting users.
The identity of the BNB Chain hacker remains unknown. The attacker used stolen funds to promote and rug pull a meme coin called “4.”
“4” is a Binance-based meme token that references CZ’s four-month prison sentence. It became the focus of attention after the hacker used it in a failed pump-and-dump scheme.
Ironically, while the hacker made only $4,000, the community’s meme-driven rally of “4” made other traders brief profits before the token ran out of liquidity.
Yes, Binance has confirmed it will fully compensate all users affected by the phishing links shared during the account breach.
Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!
Content Strategist
Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!
Skip to content
