🔒 CZ Issues Urgent Scam Alert After CoinTelegraph & CoinMarketCap Hacks
Changpeng Zhao (CZ), former CEO of Binance, has issued a critical warning to the global crypto community via his official X (formerly Twitter) account, urging users to stay alert as hackers ramp up attacks on high-profile crypto platforms.
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⚠️ CZ Sounds the Alarm on Recent Hacks
CZ responded to a report from @realScamSniffer detailing a security breach at CoinTelegraph (CT). According to the post, the site’s advertising system was compromised, embedding malicious code into its frontend. CZ urged followers:
“Please be cautious.”
This follows a similar hack on CoinMarketCap (CMC) — a major crypto data platform owned by Binance — just two days earlier.
> “Two days ago CMC, now CT. Hackers are targeting information websites now. Be careful when authorizing Wallet Connect.” – CZ, June 23, 2025
On the CMC attack, CZ revealed:
39 victims
$18,570 in total losses
All losses will be reimbursed by CoinMarketCap
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📈 CZ on Market Outlook: “Everything Before ATH Is a Dip”
In a separate tweet, CZ shared his view on the crypto market's future. Without naming Bitcoin directly, he implied that a new all-time high (ATH) is coming, stating:
> “Everything before the next ATH is just a dip.”
Although he didn’t offer specific price predictions, CZ emphasized that only a select few cryptocurrencies with strong fundamentals and long-term growth potential will likely reach new highs.
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🤖 CZ Reacts to Elon Musk’s AI Ambition
CZ also weighed in on Elon Musk’s bold AI plans, reacting to the billionaire’s announcement that his chatbot Grok aims to “rewrite the entire corpus of human knowledge” — correcting misinformation and filling knowledge gaps.
CZ commented that he's eager to see how this plays out, noting it’s a controversial but significant endeavor in the tech space.
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