The Twitter account for Giggle Academy, a philanthropic educational project spearheaded by Binance founder Changpeng Zhao (CZ), fell victim to a hacking incident. The compromised account posted messages promoting rewards through a Play-to-Earn (P2E) model, contradicting CZ’s previous explicit statement that the project would not issue its own tokens.
CZ confirmed the hack via his personal Twitter account, stating, “Woke up to ‘Giggle Academy X account hacked.’ Working on restoring it. Always use common sense when reading content from anywhere.”
Giggle Academy, recently announced by Zhao, aims to provide education for grades one through twelve using innovative techniques, particularly targeting regions lacking access to basic education. The project’s concept paper outlines a curriculum covering core subjects like math, science, and literature, as well as more contemporary topics such as finance, blockchain, and artificial intelligence. Notably, subjects like history and religion will be excluded due to concerns about potential global debate.
The project intends to leverage AI, automation, and NFTs to create a gamified and adaptive learning experience. The hacking incident raises concerns about security and the potential for misinformation surrounding the project, especially given the false promises of P2E rewards.
