The post Hacked Binance WeChat Sparks 900% Mubarakah Token Surge appeared on BitcoinEthereumNews.com. Hacker promoted Mubarakah through a hijacked Binance-linked WeChat account. Two new wallets bought 21M tokens, sold half, securing $55K quick profit. CZ warned users not to trust hacked posts as Web2 platforms stay vulnerable. Mubarakah, a low-cap meme token on Binance Smart Chain, surged more than 200%  in the past 24 hours after a hacked social media account promoted the asset. The token rose from a low of $0.0007087 to a peak of $0.007283 before pulling back.  Source: X Despite the jump, Mubarakah remains down 88% from its all-time high of $0.02604 set in March 2025. The move also came during a broader unusual rebound in BSC meme tokens. Related: DOJ Secures 9th Conviction in $263M Crypto Heist: Money Launderer Pleads Guilty to RICO Hacked WeChat Account Sparks Sudden Buying The price spike began after an attacker gained access to the WeChat account of Binance co-founder Yi He, a channel associated with the Binance ecosystem, and used it to promote Mubarakah. The post triggered a spree of retail buying, rapidly lifting the token’s price. On-chain data shows the hacker created two new wallets: 0x6739 and 0xD0B8, roughly seven hours before the surge. They purchased 21.16 million Mubarakah tokens for 19,479 USDT and sold 11.95 million of them during the rally, receiving 43,520 USDT in return. The attacker still holds 9.21 million tokens valued at about $31,000. In total, the incident generated an estimated profit of around $55,000 for the hacker. Binance founder Changpeng Zhao (CZ) confirmed the account takeover on X, saying, “Someone hacked @heyibinance’s WeChat account. Do not buy meme coins from the hacker’s posts. Web2 social media security is not that strong.” The warning follows a growing number of scams involving compromised social media accounts used to promote illiquid tokens. Such incidents often lead to sharp, short-lived price… The post Hacked Binance WeChat Sparks 900% Mubarakah Token Surge appeared on BitcoinEthereumNews.com. Hacker promoted Mubarakah through a hijacked Binance-linked WeChat account. Two new wallets bought 21M tokens, sold half, securing $55K quick profit. CZ warned users not to trust hacked posts as Web2 platforms stay vulnerable. Mubarakah, a low-cap meme token on Binance Smart Chain, surged more than 200%  in the past 24 hours after a hacked social media account promoted the asset. The token rose from a low of $0.0007087 to a peak of $0.007283 before pulling back.  Source: X Despite the jump, Mubarakah remains down 88% from its all-time high of $0.02604 set in March 2025. The move also came during a broader unusual rebound in BSC meme tokens. Related: DOJ Secures 9th Conviction in $263M Crypto Heist: Money Launderer Pleads Guilty to RICO Hacked WeChat Account Sparks Sudden Buying The price spike began after an attacker gained access to the WeChat account of Binance co-founder Yi He, a channel associated with the Binance ecosystem, and used it to promote Mubarakah. The post triggered a spree of retail buying, rapidly lifting the token’s price. On-chain data shows the hacker created two new wallets: 0x6739 and 0xD0B8, roughly seven hours before the surge. They purchased 21.16 million Mubarakah tokens for 19,479 USDT and sold 11.95 million of them during the rally, receiving 43,520 USDT in return. The attacker still holds 9.21 million tokens valued at about $31,000. In total, the incident generated an estimated profit of around $55,000 for the hacker. Binance founder Changpeng Zhao (CZ) confirmed the account takeover on X, saying, “Someone hacked @heyibinance’s WeChat account. Do not buy meme coins from the hacker’s posts. Web2 social media security is not that strong.” The warning follows a growing number of scams involving compromised social media accounts used to promote illiquid tokens. Such incidents often lead to sharp, short-lived price…

Hacked Binance WeChat Sparks 900% Mubarakah Token Surge

  • Hacker promoted Mubarakah through a hijacked Binance-linked WeChat account.
  • Two new wallets bought 21M tokens, sold half, securing $55K quick profit.
  • CZ warned users not to trust hacked posts as Web2 platforms stay vulnerable.

Mubarakah, a low-cap meme token on Binance Smart Chain, surged more than 200%  in the past 24 hours after a hacked social media account promoted the asset. The token rose from a low of $0.0007087 to a peak of $0.007283 before pulling back. 

Source: X

Despite the jump, Mubarakah remains down 88% from its all-time high of $0.02604 set in March 2025. The move also came during a broader unusual rebound in BSC meme tokens.

Related: DOJ Secures 9th Conviction in $263M Crypto Heist: Money Launderer Pleads Guilty to RICO

Hacked WeChat Account Sparks Sudden Buying

The price spike began after an attacker gained access to the WeChat account of Binance co-founder Yi He, a channel associated with the Binance ecosystem, and used it to promote Mubarakah. The post triggered a spree of retail buying, rapidly lifting the token’s price.

On-chain data shows the hacker created two new wallets: 0x6739 and 0xD0B8, roughly seven hours before the surge. They purchased 21.16 million Mubarakah tokens for 19,479 USDT and sold 11.95 million of them during the rally, receiving 43,520 USDT in return. The attacker still holds 9.21 million tokens valued at about $31,000.

In total, the incident generated an estimated profit of around $55,000 for the hacker.

Binance founder Changpeng Zhao (CZ) confirmed the account takeover on X, saying, “Someone hacked @heyibinance’s WeChat account. Do not buy meme coins from the hacker’s posts. Web2 social media security is not that strong.”

The warning follows a growing number of scams involving compromised social media accounts used to promote illiquid tokens. Such incidents often lead to sharp, short-lived price swings as unsuspecting traders rush into manipulated markets.

Back in March, CZ made his first public purchase of Mubarakah. Activity on his known wallet showed he bought 1 BNB worth of the meme coin. This had surprised many traders, as he had appeared to step back from meme-coin activity earlier this year.

2025 Crypto Crime Explodes

Chainalysis says crypto theft in 2025 has already crossed $2.17 billion, making this year worse than all of 2024.  The report also shows a shift in how criminals steal funds. Attacks on personal wallets are rising fast, with hackers targeting individual users more often. These wallet breaches now make up 23.35% of all stolen funds so far in 2025.

Related: Bitcoin, Hidden Wallets, and Private Keys: The New Flashpoints in American Divorces

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/hacked-binance-wechat-triggers-200-mubarakah-surge-cz-issues-warning/

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.004278
$0.004278$0.004278
-4.29%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
What Is Ripple Doing at Davos — and Who’s With Them?

What Is Ripple Doing at Davos — and Who’s With Them?

Ripple wasn’t just attending Davos — it sponsored the USA House event, a private hub for U.S. companies, policymakers, and influential global leaders to debate
Share
Coinstats2026/01/20 16:49
Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

TLDR Ethereum focuses on quantum resistance to secure the blockchain’s future. Vitalik Buterin outlines Ethereum’s long-term development with security goals. Ethereum aims for improved transaction efficiency and layer-2 scalability. Ethereum maintains a strong market position with price stability above $4,000. Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s long-term development. During [...] The post Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance appeared first on CoinCentral.
Share
Coincentral2025/09/18 00:31