BNB Chain Partners with ZachXBT to Boost Ecosystem Security and Combat Exploits

BNB Chain has announced a strategic partnership with renowned on-chain investigator ZachXBT to enhance the security and transparency of its ecosystem. The collaboration, revealed on November 5, 2025, aims to tackle hacks, scams, and other illicit activities through advanced lead tracing and investigation efforts.

In a statement on its X account, BNB Chain emphasized, "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." ZachXBT, an anonymous crypto detective, gained recognition after being scammed four years ago and has since helped uncover multimillion-dollar thefts, recover stolen funds, and assist law enforcement. For instance, he recently traced a theft involving approximately $3.05 million in XRP tokens from a user's Ellipal cold wallet.

BNB Chain has shown significant security improvements in recent years, with hack costs dropping 85% to $161.17 million across 414 incidents in 2023, and further declining by 70% to $47 million in 2024. However, the ecosystem faced challenges, including a social media hack in October 2025 that led to an $8,000 theft via phishing links, and a $2 million exploit of the New Gold Protocol on September 18, 2025, due to smart contract flaws. The worst incident occurred in 2022, with a $570 million exploit from the BSC Token Hub cross-chain bridge.

Looking ahead, BNB Chain plans major upgrades targeting 5,000 swaps per second, gasless transactions, and Rust-based systems to improve speed and security. The network is also addressing MEV (Maximum Extractable Value) attacks, which affected 35.5% of blocks in 2024, through initiatives like the Good Will Alliance of validators. Meanwhile, BNB's total value locked (TVL) has grown from $5.5 billion on BSC to $25.21 million on opBNB, though centralization risks persist due to a small validator group.

Regarding the native token BNB, it experienced a 13% drop in the past week, falling below $1,000 amid broader market volatility, but has since shown small daily gains, trading at $959.9 with a 1.67% increase in the last 24 hours. Analysis by YZi Labs indicates that insiders, including co-founder Changpeng "CZ" Zhao, own less than 1% of BNB, while the general public holds 67%, reducing concentration risk through a staggered burn mechanism that uses 27% of treasury holdings.