Binance Network Suffers $560 Million Code Exploit
An exploit of a bug in the Binance-run blockchain network, BNB Chain, allowed a hacker to ‘trick’ the BNB Chain’s BSC Token Hub bridge into sending them roughly US$560 million worth of BNB tokens. This incident renewed concerns involving the security of cross-chain bridges. The Binance team responded by suspending…
bubmagOctober 10, 2022