šŸ”’ 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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āš ļø 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:

ā€œPlease be cautious.ā€

This follows a similar hack on CoinMarketCap (CMC) — a major crypto data platform owned by Binance — just two days earlier.

> ā€œTwo days ago CMC, now CT. Hackers are targeting information websites now. Be careful when authorizing Wallet Connect.ā€ – 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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šŸ“ˆ CZ on Market Outlook: ā€œEverything Before ATH Is a Dipā€

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:

> ā€œEverything before the next ATH is just a dip.ā€

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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šŸ¤– 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 ā€œrewrite the entire corpus of human knowledgeā€ — 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.

#BinanceAlphaAlert #CZ

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