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Binance Founder CZ Alerts Crypto Community to AI Deepfake Scams Following Influencer Hack

Binance Founder CZ Alerts Crypto Community to AI Deepfake Scams Following Influencer Hack

Published:
2025-06-20 19:28:11
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Former Binance CEO Changpeng Zhao (CZ) has issued a warning about the increasing danger of AI-powered deepfake scams in the cryptocurrency industry. This alert comes after Japanese crypto influencer Mai Fujimoto fell victim to a sophisticated hack involving a deepfake Zoom call. The attacker impersonated a trusted contact and tricked Fujimoto into clicking a malicious link, leading to the compromise of her X account. This incident highlights the growing sophistication of cyber threats in the crypto space and underscores the need for heightened vigilance among users and platforms alike.

CZ Warns of AI Deepfake Threat After Top Crypto Influencer Hacked

Former Binance CEO Changpeng Zhao (CZ) has issued a stark warning about the rising threat of AI-powered deepfake scams in the crypto space. The alert follows a high-profile hack targeting Japanese crypto influencer Mai Fujimoto, who lost access to her X account after falling victim to a deepfake Zoom call. The attacker, posing as a trusted contact, directed her to click a malicious link under the guise of fixing an audio issue.

The incident underscores a broader trend of sophisticated cybercrime tactics. North Korean-linked group BlueNoroff has reportedly employed similar methods, targeting cryptocurrency foundation employees through prolonged Zoom interactions. These developments highlight the vulnerabilities even tech-savvy individuals face in an era of advanced social engineering.

Industry leaders are urging heightened vigilance. CZ specifically cautioned against installing software from unofficial links, noting that even video call verifications may soon become unreliable. The crypto community faces a critical juncture in balancing accessibility with security as malicious actors increasingly leverage AI tools.

Dogecoin Poised for Potential 60% Rally as Symmetrical Triangle Pattern Nears Breakout

Dogecoin's price action has compressed into a textbook symmetrical triangle formation, with the meme cryptocurrency oscillating between $0.16 support and $0.22 resistance. Market technicians anticipate a decisive breakout could trigger a 60% price movement, with bullish targets NEAR $0.35 if upside momentum prevails.

The pattern's significance stems from its convergence of descending resistance from November 2023 peaks and ascending support from October 2023 lows. Binance derivatives data reveals overwhelming bullish sentiment, with over 75% of traders maintaining long positions on Doge contracts.

Analyst Ali Martinez emphasizes the critical nature of the $0.16 floor, noting that sustained defense of this level maintains the bullish thesis. Historical pattern repetitions have fueled speculative projections of a $5 price target among some chartists, though such outcomes WOULD require unprecedented capital inflows.

Binance Temporarily Suspends Zilliqa Network Deposits and Withdrawals for Upgrade

Binance will halt deposits and withdrawals for Zilliqa (ZIL) starting at 02:00 UTC on June 23, 2025, to accommodate the network's upgrade and hard fork. The suspension precedes the upgrade at block height 4,770,087, expected around 03:00 UTC the same day.

Trading of ZIL on Binance will remain uninterrupted during the maintenance. The exchange assures users that no action is required on their part, as all technical adjustments will be handled internally. Asset security and user experience remain prioritized throughout the transition.

Binance's proactive approach mirrors the crypto industry's maturation, where exchanges increasingly collaborate with blockchain projects to ensure seamless protocol evolution. The MOVE underscores the growing interdependence between trading platforms and underlying networks.

BNB and ADA Show Bullish Potential Amid Triangular Consolidation

Binance Coin (BNB) and Cardano (ADA) are exhibiting tightening triangular consolidation patterns, signaling potential bullish breakouts. BNB's technical strength is underscored by robust on-chain activity, including $100 billion in monthly DEX volume and $10 billion in daily transactions. The coin's symmetrical/ascending triangle between $634–$674 suggests a breakout above $665–$674 could propel it toward $700, with strong support at the 50-day and 200-day SMAs.

Cardano's symmetrical triangle, with support at $0.59–$0.64 and resistance at $0.65–$0.68, hints at a 20–27% upside if $0.64–$0.65 is breached. Institutional interest is growing, with staking addresses surpassing 1.3 million and whales accumulating 310 million ADA. Both assets are poised for significant moves, with BNB's fundamentals and ADA's staking dynamics driving their respective narratives.

Bitcoin Holds Steady Above $104K as Market Dynamics Signal Potential Breakout

Bitcoin's price stability above $104,000 defies geopolitical tensions, with CryptoQuant noting a critical divergence between BTC's price and Binance's open interest. This anomaly suggests an impending market shift as leverage unwinds.

The asset rebounded swiftly from a brief $102,000 dip amid Middle East tensions, now trading near $105,350. Binance's declining open interest against stable prices indicates a market reset—traditionally a precursor to volatility.

Major long liquidations near $104,000 confirm a flushing of excess leverage. This contraction in speculative positions often precedes strong directional moves, with current technicals favoring bullish consolidation.

AI Deepfakes Hijack Crypto Zoom Calls: Changpeng Zhao Sounds the Alarm on Attacks

Hackers are leveraging AI-powered deepfakes to impersonate trusted contacts during Zoom calls, targeting crypto executives with alarming precision. Victims are duped into installing malicious software under the guise of routine updates, granting attackers access to sensitive accounts and wallets.

Binance founder Changpeng Zhao (CZ) warns that deepfake technology has advanced to the point where video verification may soon be obsolete. High-profile figures like Mai Fujimoto and Mehdi Farooq have already fallen prey to these sophisticated scams.

Security analysts point to the Lazarus Group as the likely orchestrator of these coordinated attacks. The group's tactics involve exploiting visual trust cues in video conferences, followed by social engineering to deploy malware. Crypto industry leaders are urging immediate countermeasures as the threat escalates.

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