Key Highlights:
- BNB Chain’s X account was hacked today and attackers posted phishing links.
- The phishing scam is linked to Inferno Drain, which used deceptive URLs that swapped letters to replicate Binance domains.
- Binance founder CZ urged users to not connect any wallets to any suspicious sites.
On October 1, 2025, BNB Chain confirmed that its X account (formerly known as the Twitter account) was hacked and within hours it regained its full control. During the breach, the attackers managed to share 10 phishing links which tricked users, leading to around $8,000 in total losses, which includes a person who lost $6,500.
This is a stark example which suggests that the hackers are now targeting users and not the weaknesses in the blockchain networks.
23pds, CISO at SlowMist, explained how the phishing attack was carried out. According to his post on X, the hacker used a simple trick by replacing the letter “i” with lowercase “l” in the website address. Using this technique, he created fake domains which looked identical to BNB Chain Sites.
The attacker then connected these domains to the Inferno Drainer phishing group and criticized BNB Chain’s weak security awareness. This just points out that users should always be vigilant and alert while they are connecting their wallets anywhere.
Hacker’s $4K Profit and Token Dump
First, the attacker managed to set up a malicious phishing smart contract. Next, they put about $17,800 into that contract so that they could kick off the scheme. The attacker then sold (exited) the meme tokens tied to the contract and pulled out almost roughly $22,000.
After subtracting the initial amount, the attacker only managed to make a profit of about $4,200. Binance founder and former CEO Changpeng Zhao (CZ) pointed out that the small payday hardly justified the effort and legal risks involved. He even stated that these skills would be better used to build useful things than to attack communities.
Community’s Resilient Comeback
After the hacker dumped the memecoin, the BNB Chain community quickly stepped in and bought it back. This move by the community members pushed the coin’s price higher. This entire situation was turned into a playful mockery of the attacker.
This act by the community members shows a resilient and humorous side of the crypto community. This incident also proved that the price rise of the meme token was a collective support rather than any real fundamentals playing behind the scene action.
With this situation, the community sent a clear message that the ecosystem can easily stay strong and united even when faced with such setbacks.
Largest Losses and Compensation
Through the X post, it has also been communicated that the cause of the hack is still being investigated. BNB Chain has promised to share updates as and when they have any. The chain has also confirmed that they will stay transparent throughout the investigation. The official statement stated, “We will continue to prioritize security to prevent future incidents. Stay SAFU.” The term SAFU is well-known within the Binance community, which indicates their focus on protecting users and minimizing losses from sudden attacks.
BNB Chain has confirmed that the attack caused about $8,000 in total losses, and one of users alone lost $6,500. The team has assured through the X post that all the affected users will be fully reimbursed. This move by the BNB Chain is important to maintain trust within the community.
This incident has had no effect on the BNB chain token. At press time, the price of the token stands at $1,029.08 with an uptick of 1.9% in the last 24 hours as per CoinGecko.
With the fast recovery and the community’s strong response, the incident shows the ecosystem’s resilience and unity. CZ closed on a positive note, saying “Onwards!”, reflecting confidence in BNB Chain’s future despite the setback.
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