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Binance co-founder and its former glorious Chief Executive Changpeng Zhao (frequently famous as simply CZ) has spread the word that this morning he spotted a major problem with his new venture called “The Giggle Academy.”

CZ's Giggle Academy account falls victim to hackers

CZ tweeted that the new project’s X account has been hacked and he is currently doing his best to get it restored.

The legendary ex-CEO of Binance revealed no particular details of what had happened. All he added to his message was a security warning for all internet users to note: “Always use common sense when reading content from anywhere.”

Woke up to "Giggle Academy X account hacked". 😱Working on restoring it. Always use common sense when reading content from anywhere. 🙏

— CZ 🔶 BNB (@cz_binance) November 16, 2024

The crypto community wished him luck with sorting the hack out and restoring the X account. CZ reported no suspicious activity that could be noticed on it. Frequently, X accounts of celebrities and influencers are hacked and hijacked in order to promote various crypto scams.

Many commentators asked if the educational content of his new platform was “SAFU.”

CZ's last tweet on Friday before he reported the hack was a screen recording of the Giggle Academy app, which helps children learn English, math and blockchain for free starting at the age of four.

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CZ makes important crypto statement this week

On Friday, Changpeng Zhao revisited a tweet that he published a year and 16 days ago on Nov. 1. In that tweet, he spoke about “a better form of money that helps billions,” meaning crypto. “Imagine being on the wrong side of history” about that, he tweeted back then.

On Friday, he addressed his millions of X followers, urging them to “be on the right side of history.” That tweet came out as the world’s pioneer cryptocurrency Bitcoin skyrocketed to reach a new historic peak of $93,434 a few days before that.