BNB Chain confirms full reimbursement for victims of X account hack
The post BNB Chain confirms full reimbursement for victims of X account hack appeared on BitcoinEthereumNews.com.
BNB Chain announced that all users who were affected by an exploit that started with the compromise of its X account have been compensated. The BNB Chain was attacked on October 1, 2025, when its official X account was compromised in a phishing scheme that let hackers post about 10 malicious links that tricked users into interacting with fake contracts. The breach was quickly detected by the community and BNB Chain’s security team, who regained control of the account within hours. BNB Chain’s plans to compensate the affected After the team behind BNB regained access to the X account, they shared an update on the incident, confirming that the situation was under control while explaining that the root cause was still under investigation. “The estimated damage is $8K, and the victims will be compensated fully,” the tweet read before revealing what they had been able to gather. Allegedly, only one phishing contract was deployed alongside 10 phishing links, and the attacker initially injected $17,800 before exiting 100% of their meme tokens for $22,000. The biggest victim in the scam lost $6,500 The team thanked the community and partners for spreading the word quickly, staying vigilant and supportive throughout the incident. In a later update, they announced plans to reimburse all affected users, though they did not provide details on the process. Binance founder Changpeng Zhao (CZ) also commented on the incident, endorsing the recovery of the X account and praising the planned compensation. “Hacker got $13K. Security teams are still tracking, with a possible linked KYC. He could have made more by building,” CZ said before emphasizing the distinction between social media security and blockchain platform security, noting that most of the Binance community went unaffected by the phishing scam, thanks to their strong awareness and resistance to such social…
Filed under: News - @ October 31, 2025 11:29 am