Binance CEO: Twitter Hack is an “Advertising Campaign for Bitcoin”

Binance CEO: Twitter Hack is an “Advertising Campaign for Bitcoin”


CEO of one of the leading crypto exchangeBinance says the latest Twitter hack is an “advertising” campaign for Bitcoin“.

As Changpeng Zhao mentioned on his official Twitter accountthe recent Twitter hack is only a global strategy to advertise Bitcoin and cryptoHe mentioned: “How often do you get all these famous accounts tweeting about cryptoalbeit we all wish they had tweeted about Binance Academy post instead?”

Zhao emphasized that with the growing adoption of cryptocurrencyonline platformsincluding social networks are required “to revamp their security“. He noted that nowadays platforms mainy arent ready to deal with crypto in a secure way.

As Zhao mentionedTwitter has been targeted firstas its crypto community is more activenoting that Twitter has several security issues.

He also added: “Twitterand other social media platformsneed to quickly move to a zerotrust security architecture where even compromised internal employees cant make these types of account takeovers.”

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