BNB Chain hack update: X account reclaimed after $13k theft, victims to be compensated

The BNB Chain hack compromised the project’s official X account after attackers posted phishing links that led to losses, but the account has since been restored.

BNB Chain has successfully regained control of its official X account following a brief but impactful hack that saw malicious actors promote a fake BNB airdrop website. The security breach, which occurred earlier today, resulted in roughly $13,000 in losses.

In an official statement, the team confirmed that they have gotten full access to the compromised account, removing all of the affected posts.

While the root cause of the breach remains under investigation, preliminary findings show that the attackers posted ten phishing links, leading to $8,000 in losses across all chains, including a single user loss of $6,500.

Separately, the attacker also manipulated a phishing contract, injecting $17,800 and later withdrawing meme tokens worth $22,000, netting an additional $4,000 profit. Combined, these actions account for the hacker’s total gain of approximately $13,000.

BNB Chain said further details will be shared as the investigation continues and reiterated its commitment to strengthening security to prevent future incidents.

BNB Chain to compensate hack victims

The protocol added in the update that all affected users will be reimbursed, though it did not provide details on the process. Binance founder Changpeng Zhao (CZ) also weighed in on the incident, confirming the recovery of the X account and planned compnsation. 

“Hacker got $13K. Security teams are still tracking, with a possible linked KYC. He could have made more by building,” Zhao remarked .

CZ emphasized the distinction between social media security and blockchain platform security. He noted that most of the Binance community remained unaffected by the phishing scam, showing strong awareness and resistance to such social engineering hacks.

Meanwhile, the Binance Coin ( BNB ) has remained stable despite the hack on the project’s X account. Per crypto.news data , BNB currently trades at $1,033 ,with gains of 2.47% over the past 24 hours and a modest 1.45% on the week.

Binance token holds steady despite BNB Chain hack