According to @zachxbt, a Canadian threat actor known as Haby (Havard) stole over $2 million in the past year by impersonating Coinbase support and running social engineering scams, then spent the proceeds on rare social media usernames, bottle service, and gambling (source: @zachxbt, X, Dec 29, 2025). This report highlights ongoing account-takeover and recovery-vector risk for centralized exchange users, which is directly relevant for trade execution safety and operational risk controls on CEX venues (source: @zachxbt, X, Dec 29, 2025). Traders should treat unsolicited support contacts as high risk and verify all account-recovery requests out-of-band before authorizing withdrawals or sharing security information, given the impersonation method described (source: @zachxbt, X, Dec 29, 2025). Maintaining withdrawal allowlists, hardware-based two-factor authentication, and minimal hot balances on exchanges can reduce loss exposure if social engineering attempts succeed, as underscored by the reported $2M+ thefts (source: @zachxbt, X, Dec 29, 2025).

According to @simplykashif, a podcast with Binance Co-CEO Richard Teng was recorded at Binance Blockchain Week covering institution vs retail adoption, regulators, misconceptions about CEXs, security, SAFU, the future of Binance, and Binance Junior (source: @simplykashif on X, Dec 12, 2025). The listed topics are directly relevant to BNB sentiment, exchange security perceptions, and institutional participation tracking; the post itself discloses no metrics, policy changes, or timelines, so traders should review the linked video for any on-record remarks from Teng that may inform positioning (source: @simplykashif video post).