BNB X Account Hacker’s Meme Coin ’4’ Skyrockets 500% in Wild Crypto Surge

When hackers hijacked BNB's official X account, they launched something unexpected—a meme coin called '4' that briefly exploded 500% before reality set in.

The Unlikely Rally

Digital asset traders piled into the rogue token, pushing gains to astronomical levels within hours. The surge showcased crypto's unique vulnerability—and opportunity—when social media accounts get compromised.

Market Frenzy Meets Security Concerns

While the token's brief ascent created quick-profit opportunities, it also highlighted ongoing security challenges in the decentralized space. Another day, another reminder that in crypto, sometimes the biggest gains come from the most questionable sources—almost makes traditional finance's manipulation seem quaint by comparison.

According to data from pump.fun, the “4” meme coin reached a golden candle before dropping back down from its high. It is currently valued for $19,400 in market cap due to the community’s collective pump. In the past 24 hours, the meme coin has seen a trading volume of $57,400. Within one hour, it has risen by 185% following the community’s rapid takeover of the meme coin that CZ claimed no longer has any tokens left in circulation.

Social media users celebrated the meme coin takeover after the hacker reportedly drained $8,000 in damages from victims who clicked on phishing links that stole funds from their crypto wallets. According to the post-mortem report, as many as 10 phishing links were shared on the compromised account.

The biggest loss came from a single user who lost approximately $6,500 from the hackers actions impersonating BNB (BNB) Chain. He then used the funds to pump his meme coin “4” and pulled the rug on 100% of his tokens for $22,000.

What happened to BNB Chain’s X account?

On Oct. 1 at around 05:30 UTC, the BNB Chain English account was compromised. The hacker used the X account with the golden check to trick users into clicking on a LINK that promoted a fake airdrop event for BNB token holders.

The hacker posted around 10 posts repeatedly containing the same message about an airdrop event, which actually contained malicious phishing links that WOULD connect user wallet’s to the hacker’s.

At the time, Changpeng “CZ” Zhao took to his platform to warn users of the breach and remind them not to click on any links, as the security team for Binance tried to regain control of the social media account or get it suspended.

The Chinese language account for BNB Chain also informed users that the English X account has been hacked by an unidentified third party.

At around 8:30 UTC, the Binance team was able to regain access to the BNB Chain X account and explained that the root cause of the hack is still under investigation. However, the damages were estimated to reach $8,000. The team promised to fully compensate victims of the hack who lost their funds in the process.