Binance Says $100 Million of Crypto Produced Out of Thin Air by Hacker

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Binance Says $100 Million of Crypto Produced Out of Thin Air by Hacker
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Binance Says $100 Million of Crypto Produced Out of Thin Air by Hackers

The exploit seized upon by the hackers was apparently the link between BNB Beacon Chain, which uses the older, according to Zhao. Roughly $7 million of the“An exploit on a cross-chain bridge, BSC Token Hub, resulted in extra BNB. We have asked all validators to temporarily suspend BSC.

The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide further updates accordingly,” Zhao tweeted late Thursday.The Binance Smart Chain suspended transactions around 6:20 p.m. ET on Thursday and a solution to the problem was pushed out through

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