Ex-Binance CZ’s New Business Venture Suffers Hacker Attack

As a seasoned crypto investor and follower of the dynamic world of digital currencies, I can’t help but feel a pang of sympathy for CZ, the charismatic co-founder of Binance, who has just fallen victim to hackers. His tweet about the Giggle Academy X account being compromised serves as yet another reminder that even tech giants are not immune to cyber threats.


In simple terms, the co-founder and ex-CEO of Binance, commonly known as CZ, announced today that he’s encountered a significant issue with his latest project titled “The Giggle Academy.

CZ’s Giggle Academy account falls victim to hackers

CZ tweeted that the new project’s X account has been hacked and he is currently doing his best to get it restored.

The legendary ex-CEO of Binance revealed no particular details of what had happened. All he added to his message was a security warning for all Internet users to note: “Always use common sense when reading content from anywhere.”

Upon waking, I discovered an unfortunate incident – my Giggle Academy X account had been compromised. Now, I’m diligently working to restore it. A reminder to all: let’s always exercise good judgment when perusing information from any source. 😓👍

— CZ 🔶 BNB (@cz_binance) November 16, 2024

The crypto community wished him luck with sorting the hack out and restoring the X account. CZ reported no suspicious activity that could noticed on it. Frequently, Twitter accounts of celebrities and influencers are hacked and hijacked in order to promote various crypto scams.

Many commentators asked if the educational content of his new platform was “SAFU.”

On Friday, just prior to his report of the hack, CZ (presumably referring to Changpeng Zhao) shared a video on Twitter, showcasing the Giggle Academy app. This application, designed to aid children’s learning, offers free courses in English, mathematics, and even basic blockchain concepts, starting from the age of four.

CZ makes important crypto statement this week

Last Friday, Changpeng Zhao re-examined a tweet he made one year and sixteen days earlier on November 1. In this old tweet, he discussed an improved kind of currency that could benefit many people, specifically cryptocurrency. He warned about potentially being on the wrong side of history regarding this matter, as he tweeted back then.

Last Friday, he spoke to his huge audience of followers, encouraging them to “align with the positive side of history.” This message was posted just as Bitcoin, the world’s first cryptocurrency, soared to an unprecedented high of $93,434 a few days prior.

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2024-11-16 12:00