Giggle Academy, an educational startup launched by Binance founder Changpeng ‘CZ’ Zhao, faced a hack on its X account. CZ alerted followers to beware of false information on the account. The hacker phishing links further heightened security concerns among the platform users.
The account remains compromised, and both CZ and the team are working on restoring it. Users are advised to be cautious of any messages from the hacked account.
Binance Founder Giggle Academy X Account Hacked
According to a November 16 post by Changpeng ‘CZ’ Zhao, Giggle Academy’s official X account fell victim to hackers who quickly spread misleading information. In particular, the hacker announced a “new CEO” for Giggle Academy, encouraging followers to click on phishing links to supposedly confirm the news.
If this account says it will issue coins, or asks you to invest, it must have been hacked . https://t.co/YlsFXIpwMf
— Yi He (@heyibinance) November 15, 2024
As of now, the account remains compromised, with CZ and the Binance team actively working on its recovery. Followers are urged to avoid interacting with any suspicious posts or links shared on the account until it is secured.
Giggle Academy, launched by CZ, is an educational initiative dedicated to providing free schooling for grades 1-12. The project aims to make learning accessible and engaging through gamification, with a strong focus on low-literacy countries by CZ. By offering a unique, revenue-free model, Giggle Academy seeks to transform educational access globally.
Changpeng Zhao’s Journey from Binance to Education Innovation
Changpeng Zhao, known as CZ, is the founder of Binance, the world’s largest cryptocurrency exchange. After facing legal challenges, he stepped down as Binance CEO to focus on new ventures.
Giggle Academy aims to revolutionize education by integrating AI and blockchain technology. The initiative seeks to provide accessible, gamified learning to students, especially in underserved regions, using innovative tools to make education more engaging and effective.
With Giggle Academy, CZ envisions a global shift in education, empowering students from low-literacy areas. By harnessing AI and blockchain, he aims to create a system that delivers personalized, transparent, and accessible learning experiences to children around the world.
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