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Musk teased CZ after the billion-dollar hack at Binance

AIINEWS Editorial Board•gadgets
30 October, 2026•3 min read
Musk teased CZ after the billion-dollar hack at Binance

Executive Briefing

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“# Musk teases CZ after the billion-dollar hack at Binance Billionaire Elon Musk used a smiley face”

Key Takeaways

  • 1.# Musk teases CZ after the billion-dollar hack at Binance Billionaire Elon Musk used a smiley face to respond to Biance founder's post after the digital currency exchange was hacked.
  • 2.On October 29, billionaire Changpeng Zhao (CZ), former CEO and founder of Binance, warned user X: "Do not click on links in emails, do not download attachments, even if they come from someone you trust.
  • 3.They may not know their computer is infected with a virus." The irony is that the advice was issued just hours before Binance itself crashed.

Billionaire Elon Musk used a smiley face to respond to Biance founder's post after the digital currency exchange was hacked.

On October 29, billionaire Changpeng Zhao (CZ), former CEO and founder of Binance, warned user X: "Do not click on links in emails, do not download attachments, even if they come from someone you trust. They may not know their computer is infected with a virus."

The irony is that the advice was issued just hours before Binance itself crashed. In the early morning of October 30 (Hanoi time), some of the exchange's hot wallets were discovered to have transferred many digital currencies to new Ethereum addresses.

Binance later confirmed that the attack, affecting $6.3 billion of the exchange, may have come from a compromised DevOps engineer's laptop, and announced that it would compensate for all losses from the company's funds. "Users' funds are still safe," the exchange announced. Although he no longer directly runs the company, CZ said that as a shareholder, he expects all user assets to be guaranteed.

After the hack, Elon Musk, CEO of Tesla and SpaceX, briefly responded to CZ's warning post with two fire emojis and a "laughing with tears" face.

His action attracted two million views, 16,000 likes and more than 1,000 comments in a few hours. Many people expressed interest, in which account Master wrote: "You tease so much, you even use the silly emoticons that CZ often uses."

Three hours later, the former Binance CEO responded below: "I wish everyone followed that advice. The new incident is more complicated than that, but generally every hack involves a device (or algorithm) being compromised at some point."

The interaction between CZ and Musk on X has not stopped. In a post by account 0xngmi claiming that the total loss in the hack was about one billion USD, CZ wrote: "The loss may be a little higher than that, but it will be compensated for." Musk continued to send grimacing face emojis, often expressing concern.

This time, CZ responded directly, referring to the investment that Binance made in Musk's company: "Elon, I respect you very much, but this is not the time to make jokes. Please stop. Our SpaceX shares (from your $500 million investment in Twitter's acquisition) are currently worth more than a billion dollars. We hope you can show some support. Thank you."

This clever reminder also attracted about two million views, 17,000 likes and 2,000 comments after a few hours.

This is not the first time CZ and Musk have fought on social networks. At the end of 2021, the two billionaires argued when Musk said that the Dogecoin coin incident on Binance seemed "shady", and CZ said it was a technical problem, and "criticized" Tesla's error.

In June of the same year, CZ repeatedly posted articles targeting Musk, saying: "Great power comes with great responsibility. But great power combined with a loose 'sense of humor' is both ungainly and not funny." He even said that Musk's statements "damaged many people's money, which is irresponsible".

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