Coinspeaker
Oct 1, 2025
3 0

BNB Chain Social Media Hacked, Restored After $13k Theft

Recent developments affecting the BNB Chain have surfaced:

  • The BNB Chain's social media account was compromised, with phishing links being shared to deceive users into connecting their wallets.
  • Changpeng Zhao (CZ), Binance founder, alerted users about the hack and advised them not to connect their wallets.
  • The account has since been restored, and victims are promised full compensation. The hacker managed to obtain $13,000.

Despite the hack, BNB Chain continues to see progress:

  • The Maxwell hard fork on the BNB Smart Chain reduced block times by nearly 50%, enhancing transaction speed.
  • Franklin Templeton integrated its BENJI Fund with BNB Chain for Real World Asset platform expansion, marking a significant milestone.

BNB token performance:

  • The BNB token price increased to $1,011 from struggling above $800, reflecting a 16.75% rise over 30 days.
  • However, following the hack news, BNB's price fell slightly by 0.81% according to CoinMarketCap.