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Hijacked: Binance Co-CEO Yi He's Account Used to Pump Fraudulent Token
WeChat Breach Hits Binance’s New Co-CEO: A Stark Warning for Crypto Leaders in a Web2 World
In a digital era where the lines between Web2 and Web3 blur, a simple messaging app has become the latest battleground for security. Yi He, the newly appointed co-CEO of cryptocurrency giant Binance, found herself at the center of a stark reminder: even the most prominent figures in crypto are vulnerable to the inherited risks of traditional platforms.
The breach unfolded not through a complex blockchain exploit, but through the hijacking of an old, abandoned WeChat account linked to a reclaimed mobile number. WeChat was abandoned long ago, and the phone number was seized for use. It cannot be recovered at present, Yi He initially stated in a translated post on X, highlighting a feeling of helplessness familiar to many. While Binance later confirmed a successful recovery in collaboration with WeChat’s security team, the brief window of compromise was all attackers needed.
Seizing the Moment, Cashing In
The speed of exploitation was telling. Almost immediately after the takeover, the compromised account was used to promote a token named Mubarakah. Blockchain analysts at Lookonchain tracked the maneuver, reporting that the attackers successfully pumped the token’s price and walked away with an estimated $55,000. This incident underscores a dangerous trend: a hijacked social account is not just a personal nuisance—it’s a powerful, ready-made launchpad for financial fraud targeting a vast, trusting audience.
A Disturbingly Low Barrier to Entry
This is not an isolated event. Just days earlier in November, Tron founder Justin Sun reported a similar takeover of his WeChat. In response to Yi He’s breach, SlowMist founder Yu Xuan resurfaced a critical analysis revealing just how alarmingly simple these attacks can be.
The method, as tested, is a chilling blend of technical access and social engineering. An attacker with leaked credentials can bypass security by merely contacting two of the account’s frequent contacts —a category that can include casual group chat members or long-forgotten connections, not just close friends. In regions like China, where mobile numbers are recycled and reissued by carriers after a few months, the risk compounds. This system opens the door to credential stuffing, SIM-swap-style abuses, and targeted manipulation of recovery processes.
Yu Xuan’s advice cuts to the core: for high-profile individuals, especially those in crypto dealing with OTC trades or sensitive wallet discussions, digital hygiene is non-negotiable. Pruning unknown contacts, regularly rotating passwords, and heeding login alerts instantly are no longer best practices but essential protocols.
Echoes from the Top: I Will Not Promote That Coin
The ripple effect of such breaches is a climate of mistrust. Binance co-founder Changpeng Zhao quickly took to X to clarify that he, too, has long abandoned his WeChat account. His preemptive warning was clear: I would not promote any memecoin contract addresses on this account. This statement serves as both a shield and a signal to the community—a reminder to scrutinize every message, even those appearing from the most verified of sources.
This incident is part of a worrying pattern for the ecosystem. Mere months ago, the official X account of BNB Chain was compromised, leading to phishing links and stolen user funds. While reimbursement followed, the blow to institutional credibility is harder to repair.
The Unavoidable Conclusion
The takeover of Yi He’s WeChat is more than a personal security lapse; it is a metaphor for the crypto industry’s ongoing struggle. As leaders build the decentralized future, they remain tethered to the centralized, often fragile, infrastructure of the past. The message is unequivocal: in the high-stakes world of digital assets, your weakest security link may not be your cold wallet, but an old phone number on a messaging app you forgot you had.
The guardians of Web3 must now become the most vigilant users of Web2. Their legacy, and the safety of their communities, depends on it.
Start your crypto journey today — Buy Bitcoin and top altcoins now on BYDFi.
2025-12-12 · 7 days agoLearn BscScan in 5 Minutes (No Tech Skills Needed
Unlock the Power of BscScan: Your Ultimate Guide to Mastering Binance Smart Chain
Are you diving into the world of Binance Smart Chain (BSC) and feeling a bit lost? Or maybe you're an experienced crypto trader searching for clarity, transparency, and real-time data. Meet BscScan—the essential tool every crypto enthusiast should know. From Nigeria to Singapore, whether you're investing in BNB or exploring DeFi tokens, BscScan simplifies everything.
What Is BscScan and Why It Matters?
BscScan is the official blockchain explorer for the Binance Smart Chain. Created by the same developers behind Etherscan, it gives you full access to what's happening on the BSC network—wallet balances, smart contracts, token details, and even NFTs. Think of it as a search engine for BSC, where you can verify every transaction, trace every token, and make informed decisions backed by data.
In a market filled with uncertainties and scams, BscScan provides the transparency that builds trust. Whether you're a beginner asking What is BscScan? or an investor managing a diverse crypto portfolio, this tool is your gateway to understanding blockchain activity with precision.
How to Use BscScan Like a Pro
Getting started with BscScan is easy. Just head to bscscan.com and enter any wallet address, transaction ID, or token name into the search bar. Instantly, you'll see detailed insights—from gas fees and timestamps to smart contract info and token holders.
Want to go further? Connect your MetaMask or TrustWallet directly to interact with smart contracts or check your token rewards. It’s all about control, and BscScan puts it in your hands.
Standout Features You’ll Love
BscScan offers more than just search results. You can track your transactions in real time, view gas fees via the Gas Tracker, monitor token performance, and even explore the NFT ecosystem. For developers, there’s a full suite of tools like the Code Reader and API integration—perfect for building or analyzing DApps.
BscScan vs. Etherscan: What’s the Difference?
While both tools serve similar functions, BscScan is tailored specifically for Binance Smart Chain. It’s optimized for low-fee transactions, BEP-20 tokens, and the fast-growing BSC DeFi ecosystem, BscScan will be your best companion for analyzing your trades and project reliability on BSC.
Make Smarter Crypto Moves
Gas fees can eat into your profits—but with BscScan’s live updates, you can time your transactions for minimal costs. Need to verify a token before investing? Paste the contract address into BscScan and confirm its legitimacy. Managing multiple wallets? BscScan lets you track everything from one place, no matter what currency you use—USD, NGN, INR, or EUR.
And if you’re farming or staking with platforms like , use BscScan to monitor your yield rewards and contract interactions seamlessly.
Final Thoughts: Why You Should Start Using BscScan Today
In a fast-paced crypto world, knowledge is power—and BscScan delivers that power in real-time. It’s more than a blockchain explorer. It’s a toolbox, a watchdog, and a partner in your crypto journey.
Whether you’re minting NFTs, exploring DeFi, or verifying new tokens, BscScan offers unmatched transparency.
2025-08-14 · 4 months agoMissed the Crypto Wave in 2021? Here’s Your Second Chance in 2025
If you're feeling like you "missed" Bitcoin or Shiba Inu in their early days, don’t worry — 2025 is already shaping up to be another massive year in the world of digital assets.
Here’s why:
- Bitcoin Halving Effect: The halving in 2024 historically triggers bull runs about 6–12 months later. That’s now.
- Institutional FOMO: Major funds are moving back into crypto, with ETFs and global regulation becoming clearer.
- Retail Momentum: More average users are entering crypto again, especially from countries like Indonesia, the UAE, and Latin America.
Top 5 Best Coins to Buy Right Now
1. Pepe 2.0 (PEPE2) — Best Meme Coin to Buy Now
- Why: Meme coins are no longer just jokes — they’re marketing machines. PEPE2 is building on the hype of the original with actual utility, staking rewards, and NFT integration.
- Market Cap: Still under $200M = Huge upside potential
- Risk Level: High, but with moonshot potential
If you're searching for the best meme coin to buy right now, this could be your golden ticket , just remember, meme coins are extremely volatile.
2. Fetch.AI (FET) — Best AI-Powered Coin to Watch
- Why: AI is trending across every industry. Fetch.AI focuses on decentralized machine learning and autonomous economic agents.
- Recent Surge: Up 140% YTD, but still undervalued according to experts.
- BYDFi Availability: Yes
3. Chainlink (LINK) — Underrated Blue Chip
- Why: Real-world data is essential for smart contracts. Chainlink dominates this space.
- Perfect for: Traders looking for stability + long-term growth
- Price Prediction 2025: Analysts expect $50–$75 range if bull trend continues
4. Kaspa (KAS) Fastest Growing L1 Coin
- Why: Uses GhostDAG protocol , faster than traditional blockchains, with low fees and energy efficiency.
- Trending: Strong community support, growing developer interest
- Ideal For: Traders looking for a next-gen infrastructure coin
5. Arbitrum (ARB) — Layer 2 King
- Why: Ethereum’s gas fees are still high. Arbitrum offers a scalable, cheaper solution.
- Commercial Use: Many dApps and DeFi platforms are migrating to it
- Long-Term Potential: High adoption = strong hold potential
What Is the Best Coin to Buy for You?
Everyone’s situation is different. Before you decide what is the best coin to buy right now, ask yourself:
- Are you a beginner? Stick with established coins like LINK or ARB.
- Do you like high risk, high reward? Try meme coins like PEPE2.
- Want to build long-term wealth? Look at infrastructure and AI-based coins like FET and Kaspa.
Questions People Are Asking:
- Which crypto coin is best to buy now for beginners? → Try LINK or ARB
- What is the best coin to buy right now under $1? → PEPE2 or KAS
- Which coin will explode in 2025? → FET and KAS are top contenders
Let is choose for you the best exchange platform
BYDFi - Safe and reliable , high liquidity , simple and intuitive
How to Buy These Coins on BYDFi (Step-by-Step)
- Create a BYDFi account , Use your email or phone number
- Verify your identity (KYC) , Takes 5–10 minutes
- Deposit funds , You can use USD, EUR, AED, INR, or even crypto
- Search for the coin Example: Type in “LINK” or “FET” in the search bar
- Buy using spot or convert , Choose limit or market order
Final Thoughts: What Is the Best Crypto Coin to Buy Right Now?
The truth is , there's no single “best” crypto coin for everyone. The best coin for you depends on your risk tolerance, investment goals, and how much time you're willing to spend researching and tracking the market.
Here’s a quick summary to guide your decision:
Ready to learn more about trading strategies and crypto safety? Check out BYDFi for beginner tutorials, expert insights .
2025-07-07 · 5 months ago
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