Changpeng “CZ” Zhao reported hackers compromised Giggle Academy’s X account, posting false announcements and phishing links.
Changpeng ‘CZ’ Zhao, the founder of Binance, attempted a hack on the X account of Giggle Academy, an educational firm. CZ warned his followers to be cautious of any misleading information on the account.
Hackers’ creation of phishing links escalated security concerns among the platform’s users. Changpeng Zhao and the team are currently working to restore the compromised account. We advise users to exercise extreme caution when receiving any messages from the compromised account.
Binance Founder Giggle Academy X Account Hacked
Changpeng ‘CZ’ Zhao published a post on November 16 claiming that hackers quickly disseminated false material from the official X account of Giggle Academy.
Specifically, the hackers announced the appointment of a “new CEO” to Giggle Academy and encouraged their followers to click on phishing URLs, seemingly to verify the news.
Despite the diligent efforts of CZ and the Binance team, the account remains compromised at present. We strongly advise followers to avoid engaging with any potentially malicious posts or links on the account until we secure it.
Changpeng Zhao’s Journey from Binance to Education Innovation
CZ founded Giggle Academy as an educational venture to provide free education to students in grades 1 through 12. The initiative’s goal is to use gamification to make education more approachable and interesting, with a specific focus on countries with low literacy rates, as stated by CZ.
Giggle Academy’s mission is to revolutionize educational access all around the world by providing a model that is both distinctive and free of charge. Binance is the largest cryptocurrency exchange in the world, and Changpeng Zhao, also known as CZ, is the creator of the company.
After facing legal problems, he resigned as CEO of Binance to focus on new business endeavors. Using artificial intelligence and blockchain technology, Giggle Academy intends to initiate a revolution in the educational system.
Students, particularly those living in underserved areas, will be able to participate in gamified learning that is easily accessible through this program. We will employ innovative techniques to enhance the interest and productivity of education.
CZ anticipates a global transformation in education through the use of Giggle Academy, which will empower students who come from locations with poor reading rates.
Through the utilization of artificial intelligence and blockchain technology, he intends to develop a system that provides children all around the world with learning experiences that are individualized, transparent, and easily available.
