- BNB Chain’s X account was hacked; the attacker stole ~$8K through phishing hyperlinks and used funds to pump a meme coin known as “4.”
- After dumping his tokens for a $4K revenue, the hacker was mocked because the group collectively purchased “4,” pushing it up 400%.
- The coin’s surge turned the hack right into a meme-fueled comeback; Binance regained management and promised sufferer compensation.
In one of the vital ironic twists in latest crypto historical past, the hacker who briefly took over BNB Chain’s official X account to rip-off customers ended up turning into the topic of a community-led mockery — and a meme coin frenzy.
The Hack and the Rip-off
On October 1, at round 05:30 UTC, BNB Chain’s English-language X account was compromised. The attacker posted a number of phishing hyperlinks selling a pretend “BNB airdrop,” tricking customers into connecting their wallets. In accordance with the autopsy, at the least ten malicious posts went out earlier than Binance’s safety workforce regained management.
Roughly $8,000 was stolen in complete, with one person reportedly dropping $6,500 in a single transaction. The hacker then diverted a portion of the stolen funds right into a meme coin known as “4”, utilizing it to create synthetic demand earlier than rug-pulling — dumping all his tokens for a fast revenue.
The Meme Coin Comeback
Mockingly, the hacker’s short-lived revenue of $4,000 ended up fueling a group motion. As soon as phrase unfold in regards to the meme coin and its connection to the hack, BNB supporters started collectively shopping for “4” — driving its value up by greater than 400% in over 24 hours.
In accordance with information from pump.enjoyable, “4” reached a $19,400 market cap and over $57,000 in 24-hour buying and selling quantity as merchants piled in “for the memes.” At one level, the token even recorded a golden candle, a time period used to explain an explosive, fast value surge on-chain.
Former Binance CEO Changpeng “CZ” Zhao couldn’t assist however touch upon the group’s humor:
“Apparently, after the hacker dumped ALL his tokens for a $4k achieve, the group took over and purchased the meme coin larger, as a mock to the hacker. Funniest comeback by the group!”
The Irony Behind “4”
The token’s emblem depicts a cartoonish model of CZ flashing 4 fingers, referencing the four-month jail sentence he obtained earlier this yr after a U.S. court docket conviction. Initially launched practically a yr in the past, the coin had principally gone unnoticed — till this weird occasion turned it right into a viral second.
As of now, “4” reportedly has no tokens left in circulation, and the buying and selling frenzy appears to have settled down — although not earlier than cementing its place in crypto meme historical past.
Aftermath and Reactions
BNB Chain’s workforce regained management of the X account round 8:30 UTC, confirmed the breach, and warranted the group that victims could be totally compensated. The Chinese language-language account additionally warned customers to remain alert and keep away from clicking suspicious hyperlinks.
Whereas the entire damages have been comparatively small, the occasion highlights how phishing campaigns proceed to use trusted platforms — and the way crypto communities typically flip chaos into comedy.
In the long run, the hacker’s try and revenue from deception ended up turning into the punchline of a meme-driven rally.
Disclaimer: BlockNews supplies impartial reporting on crypto, blockchain, and digital finance. All content material is for informational functions solely and doesn’t represent monetary recommendation. Readers ought to do their very own analysis earlier than making funding choices. Some articles could use AI instruments to help in drafting, however every bit is reviewed and edited by our editorial workforce of skilled crypto writers and analysts earlier than publication.