Ah, the crypto world, a realm where folly dances with fortune, and the absurd reigns supreme! Behold, dear reader, as the venerable CZ, that sage of the blockchain, doth warn the masses of a plague most peculiar-hacked accounts, like mischievous imps, peddling meme coins with the fervor of a carnival barker! 🌪️
- CZ, with a sigh befitting a man who hath seen too many moons, doth caution traders against the siren call of meme coins. For lo, hackers, those shadowy specters, have taken to hijacking official accounts, posting false contract addresses, and spreading scams like a contagion! 😱
- Yet, even as the meme coin frenzy grippeth the BNB Chain, CZ remaineth a pillar of neutrality, urging builders to forsake hype for utility. A noble sentiment, though one wonders if ’tis but a drop in the ocean of madness! 🤹♂️
On the fateful day of October 20, as meme coins once more rose like phoenixes from the ashes of obscurity, CZ, the erstwhile Binance CEO, took to his X account with a warning most dire. “Beware,” he cried, “of official accounts suddenly besotted with meme coins, for hackers lurk in the shadows, their malice cloaked in deceit!” 🦹♂️
“With the rise of meme coins, hackers target social media accounts, those bastions of low security, to post CAs,” he proclaimed. “Official accounts endorse no memes, mark my words!” 🛡️
Alas, the crypto realm hath become a theater of the absurd, where hackers, with audacity unmatched, promote fake meme coins on official accounts. The BNB Chain X account, once a beacon of trust, fell prey to such mischief, touting a BNB meme coin under the guise of an airdrop. The hacker, with greed as their compass, pooled funds into the “4” meme coin, only to execute a rug-pull and flee with a paltry $4,000. Yet, the community, ever resilient, turned the tables, pumping the token’s price by 500% before letting it plummet! 😂
“A most amusing spectacle,” quoth CZ, “the community’s comeback, a mockery most divine!” 🎭
And lo, the tale doth not end there! The Chinese PancakeSwap X account, too, fell victim to this folly, promoting a meme coin named “Sir Pancake,” which garnered $20 million in trading volume. Even the realms beyond crypto were not spared, for Drake’s X account and Dior’s luxury brand were hijacked to promote fake meme coins, ANITA and DIOR, respectively. The former surged to $4.9 million, while the latter skyrocketed by 138% within minutes! 🤑
CZ’s Stance on Meme Coins
Ah, CZ, that enigma wrapped in a riddle, hath maintained a stance most nuanced on meme coins. Neither fully endorsing nor condemning, he preferreth caution and utility, a voice of reason in a sea of chaos. Yet, the BSC ecosystem, with its meme coin boom, hath surprised even him, for BNB meme coins now rival those of Solana! 🌟
“I did not foresee this,” he admitted, “and yet, the future remains a mystery. Keep building, for ’tis the only path forward!” 🛠️
Yet, in February, he deemed the meme coin ecosystem on BNB Smart Chain “immature,” as it struggled under the weight of dog-themed meme coins inspired by his own pet, Broccoli. A tale most whimsical, is it not? 🐶
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2025-10-20 11:05