BNB Chain partners with on-chain sleuth ZachXBT to boost ecosystem security

Blockchain platform BNB Chain has announced an alliance with well-known on-chain investigator ZachXBT, who is dedicated to improving the security of the crypto ecosystem through lead tracing.

On its X account, BNB stated, “Zachxbt is now supporting the BNB Chain community to help keep the ecosystem cleaner, fairer, and more transparent.”

Keeping Web3 safe takes more than tech, it takes people who care enough to trace every lead.@zachxbt is now supporting the BNB Chain community to help keep the ecosystem cleaner, fairer, and more transparent pic.twitter.com/8neDFYPvtv

— BNB Chain (@BNBCHAIN) November 5, 2025

ZachXBT is an anonymous crypto detective who is recognized for uncovering scams in the web3 ecosystem. He started these investigations after getting scammed 4 years ago.

Since then, he’s helped bring to light multimillion-dollar thefts, recover stolen funds, and assist law enforcement. This has earned him a great deal of respect in the crypto and NFT communities over time.

For instance, he recently helped uncover and trace a theft involving about $3.05 million worth of XRP tokens that were stolen from a user’s Ellipal cold wallet. As reported by Cryptopolitan, the funds were moved through several crypto exchanges and wallets in an attempt to hide their origin. 

ZachXBT to release a vulnerability investigation report

Over time, BNB Chain security has grown better. In 2023, the cost of hacks went down 85% to $161.17 million in 414 incidents. In 2024, losses dropped by another 70%, bringing them down to $47 million.

In October 2025, scammers hacked into the BNB Chain’s official X account. They posted phishing links that resulted in an $8,000 theft.  The hack used fake WalletConnect prompts and stole $22,000 from injected coins. It showed that hacks into social media accounts can undermine trust even when blockchain systems remain intact.

The network plans major upgrades to better the speed and security with a target of 5,000 swaps per second, gasless transactions, and new Rust-based systems.  It’s also building Rust-based clients and AI-powered transaction tools.

Additionally, 35.5% of the chain’s blocks in 2024 were hit by MEV (Maximum Extractable Value) attacks, which the chain is now battling. Malicious trading is now halted by the Good Will Alliance, a new alliance of validators.

BNB Chain’s total value locked (TVL) has gone up from $5.5 billion on BSC to $25.21 million on opBNB. However, investors are expected to ensure that smart contracts are audited, remain vigilant against phishing risks, and monitor how governance adapts to new regulations.

BNB Chain strikes a balance between Ethereum’s safety and Solana’s speed. On the other hand, a small group of validators makes the centralization risks even higher. 

BNB tanks 13% amid a wider market downturn

BNB Chain’s native token, BNB, slid more than 13% in the past week, falling under the $1000k threshold.  The volatility follows the overall crypto market. However, it has shown small daily gains after bouncing back from a low of about $885 earlier.

An analysis by YZi Labs found that insiders, such as BNB co-founder Changpeng “CZ” Zhao, own less than 1% of the coin. Then, the general public owns 67%.

Roughly 5% of BNB is held in the treasury accounts of Binance.com and the BNB Foundation for operational and custodial purposes. The token’s staggered burn mechanism will use 27% of this.

To that end, Bullish BNB price predictions can be maintained even in bearish conditions thanks to the spread of supply. The mechanism has reduced concentration risk and makes BNB less vulnerable to manipulation or excessive volatility.

Analysts say that if the positive trend continues, BNB could move toward the $1,200–$1,300 range in the coming weeks. However, there’s also a chance it could slip if Bitcoin or Ethereum drops sharply. 

On the downside, prices near $1,080 are seen as a key support zone. Meanwhile, the coin is up 1.67% in the last 24 hours, currently trading at $959.9.

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