BNB Chain X Account Restored After $13K Phishing Hack, Victims To Be Reimbursed

The official X account of BNB Chain was briefly compromised by attackers who posted phishing links that led to approximately $13,000 in losses by tricking users into connecting their wallets and approving fraudulent transactions. The breach involved ten phishing links, including a malicious smart contract where the attacker injected $17,800 and later cashed out meme tokens for $22,000, netting a $4,000 profit. Binance founder Changpeng Zhao confirmed that all victims will be reimbursed fully and emphasized the importance of vigilance against phishing scams, advising users to carefully check domain names and avoid interacting with suspicious links. The quick response by the BNB Chain community and security teams helped limit the damage, with users flagging suspicious activity and mocking the attacker by buying back dumped tokens. Security experts linked the attack to the notorious "Inferno" drainer phishing infrastructure, which utilizes domain spoofing to deceive users. This incident highlights the ongoing risks of social media account breaches translating into on-chain losses and underscores the need for enhanced security measures in the crypto ecosystem.