Cowardly Crypto Capers: PancakeSwap’s X Fiasco

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PancakeSwap, darling of the multichain set and the BNB ballroom, has confessed that its official X account has been compromised on October 8, 2025. Oh, the drama-the crypto version of a ruined soufflé.

As the update makes clear, the scene is being tidied with all possible haste, and the house is asked to refrain from clicking links or flirting with posts from the compromised account. Trust only the steady bells of the official feed, darling. 🚫🔗

Update: we’re sashaying through this with the X team to untangle the mess from @PancakeSwapzh. Do not click on any links or interact with posts from that account until we say the chorus is back in tune. Stay savvy and confide only in the official whispers from @PancakeSwap.

– PancakeSwap (@PancakeSwap) October 8, 2025

The riddle was solved when the rascals used the account to hawk a counterfeit token called “Sir Pancake,” which racked up more than $20 million in trading volume before the scam was nabbed. They also whispered of fake airdrops and a “Mr Pancake” meme token, luring people to counterfeit sites that dressed themselves up to parody the real PancakeSwap platform. 🍰🎭

Phishing was the trick-websites nearly twins of the real site, with the crooks slipping in tepidly by substituting letters in addresses to mislead the eye. Any soul who linked their wallets to these fakes risked losing money in a jiffy. 🕵️‍♂️💥

Yet, in a scene worthy of a brisk reprise, PancakeSwap asserts that neither user funds nor platform assets were touched. The troupe moved swiftly, pulling the deceitful posts and begging fans to rely only on official announcements. Investigations linger, and security is being tightened to avert a repeat performance. 🔒🎭

Strangely, the hack did not dampen the CAKE token’s spirits. CoinMarketCap reports a 10% lift in 24 hours, to $4.34, with trading volume leaping as high as 80%. A sweet ending for a rough act? Perhaps. 🍰📈

Social media crypto scams on the rise

This misadventure follows a similar breach on October 1, when BNB Chain’s official X account was hacked. The rogues posted phishing links promising bogus $BSC rewards to coerce wallets into the wings. 🕷️💳

Binance Co-Founder Changpeng “CZ” Zhao and the BNB Chain team urged fans not to click any links and to cling to verified channels while they regained control.

Both capers spotlight a growing trend of social-media-targeted scams in the crypto theatre, underscoring the need for user awareness and iron-clad account security for platforms and their communities.

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2025-10-08 13:20