Gamza Khanzadaev BNB Chain reacts publicly after $100 million hack, declares further steps Following tonight’s events, the BNB Chain team presented a lengthy post, called Ecosystem Update, which...
Tag: BNB
Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC
Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes. ...
$45 Million Worth Ethereum Converted From BNB Hack Moved To New Address
$45 Million Worth Ethereum Converted From BNB Hack Moved To New AddressBnB Chain Exploiter Transferred 33,772 EthereumOctober 8, 2022Addresses associated with the recent BNBChain bridge exploit moved ...
BNB Chain Proposes Governance Vote Over Stolen Funds
25 mins ago | 2 mins read Altcoin News The criminal stole $110 million using the cryptocurrencies Fantom, ETH, and Polygon. Before the suspension, the hacker still had roughly $400 worth of assets on ...
BNB Chain governance to decide what will happen to hacked funds
The BNB Chain is now back up and running after it was halted for several hours to investigate a large bridge exploit. On Thursday, an unknown hacker seized almost $560 million in BNB from the network...
BNB Chain back online after suspension due to a cross-chain exploit
After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and runni...
BNB Holders Should Prepare Themselves For This Trend Reversal
BNB, a native token of the Binance cryptocurrency exchange, made it through the bearish month of September with minimal losses. BNB currently trades at $285.40 and is up by 3.4% for the past two weeks...
Binance Coin: How BNB buyers can capitalize on this breakout rally
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. BNB witnessed an expected up-channel breakdown The altcoin could ...
BNB Chain suspends network following $100M cross-chain bridge exploit
Rumors of a significant exploit on the BNB Chain were confirmed by the blockchain’s team, with all deposits and withdrawals suspended on the network. BNB Chain, the blockchain of crypto exchange Binan...
Binance looking to spend $1B on deals in 2022; 2 million BNB stolen in BSC bridge hack
The biggest news in the cryptosphere for Oct.7 includes Binance fixing the BSC bridge exploit after 2 million BNB were stolen, Bitcoin’s sinking following new U.S. payroll data, and the second group o...
BNB Chain Resumes Operations After $100M Cross-Chain Bridge Exploit
BNB Chain, the network which powers BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), has resumed operations following an attack on its cross-chain bridge, BSC Token Hub, draining around $10...
After BNB Chain Hack, Operators Must Face Question of Decentralization
BNB Chain contacted community validators to stop incident from spreading “Either be fully decentralized, or be centralized enough to have responsibility for responding to security incidents,” OpenZepp...
BNB Chain to Conduct Governance Votes on What to Do With the Stolen Funds
After losing millions of dollars worth of assets in a cross-chain hack, the team behind BNB Chain – formerly Binance Smart Chain (BSC) – plans to conduct on-chain governance votes to determine what to...
Crypto Analyst Issues Warning to Traders on Binance Coin (BNB), Predicts Timeline for Ethereum’s Next Big Move
A widely followed crypto analyst is issuing a warning to investors about Binance Coin (BNB) while predicting Ethereum’s (ETH) next big move. Pseudonymous trader Altcoin Sherpa tells his 184,000 Twitte...
Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?
In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto ...
How Someone Stole 60 ETH Following the BNB Chain Hack
The past 24 hours were quite tumultuous, with one of the largest blockchain networks – BNB Chain – suffering a security breach that saw the millions worth of cryptocurrency being compromised. And whil...
Multi-Million BNB Chain Hack and Bitcoin’s Battle for $20K: This Week’s Crypto Recap
In terms of overall market movements, not much was happening in the past seven days. The total capitalization remained somewhat flat, around $990 million, unable to recover above the coveted $1 trilli...
BNB Chain HACK – How did the BNB Exploit lead to $100 million Theft?
As of 07:00 Coordinated Universal Time (UTC), BNB Chain is back in business after being forced to put the clamps on Thursday due to what it called a “possible exploit” that on-chain data revealed migh...
After the $600 Million BNB Hack, Ethereum Experiences Rug Pull Attacks
Today, a $536 million BNB whale began behaving erratically and the wallet quickly began lending and borrowing tokens from several ecosystems, giving observers the impression that it had been hacked. T...
How $600M was stolen from Binance’s BNB chain
On Thursday, Binance’s BSC Token Hub was hacked for two million BNB, its native cryptocurrency, worth approximately $586 million at the time of the incident. However, the attacker only managed to bri...
CZ Says Community Trusts Binance, as BNB Dropped by Less Than 5% Following BNBChain Hack
– Advertisement – CZ remains confident of the community’s trust in Binance, as BNB only dipped by less than 5% despite the recent massive Binancechain hack. Binance has positioned itself...
BNB Chain’s $566M Hack: Binance Network’s Major Bridge Attack Unpacked
Key Takeaways BNB Chain suffered a $566 million exploit Thursday after a hacker tricked the BSC Token Hub bridge into sending them two million BNB. The hacker took a novel approach to siphon the funds...
New $ 100 million hack in BNB
New hack attempt on the BNB Chain, reportedly resulting in a $100 million theft in BNB tokens. $100 million hack on the BNB Chain “We want to confirm that we coordinated with validators to temporarily...
Binance CEO says BNB community is ‘extremely strong’ as token dips less than 5% after hack
Following the theft by hackers of over $100 million worth of BNB Smart Chain (BSC) token on October 6, the cryptocurrency exchange Binance temporarily paused operations of its blockchain network. The ...
BNB Chain Suffers Hack, $100 Million In Crypto Drained ⋆ ZyCrypto
Advertisement     The BNB Chain — composed of BNB Beacon Chain and BNB Smart Chain (BSC) — resumed operations on Friday after an overnight malicious attack that allow...
BNB Chain Drops This Big Announcement
The global crypto industry woke up to witness the Binance blockchain, known as Binance Smart Chain exploit. Reports state that around $100 million in tokens were stolen from the network. However, Offi...
Here’s How the Multi-Million BNB Chain Hack Went Down: Paradigm Researcher
The BNB Chain was temporarily paused after an exploit on its cross-chain bridge. The current impact estimate is around $100 million and $110 million equivalent of cryptocurrency. According to the late...
Good days for BNB holders might end soon- Here’s why
BNB recently posted a tweet mentioning all the new developments that have happened in its ecosystem. According to the tweet, over the last seven days, nearly 1495 BNB tokens were burned. The altcoin a...
BNB Chain Halts Operations Following Massive Exploit
Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hour...
BNB Chain $100M hack adds trouble to the embattled crypto industry
Once again, crypto hacks are on the rise. This time around, the hackers have targeted Binance, the largest global cryptocurrency exchange. The alleged exploit of the BNB Chain has revived the issue of...
BNB Chain Functioning Back to Normal Following the Recent Hack
The BNB Chain is back to operating normally following a halt that happened because of a massive security breach. Validators are confirming their status while the community infrastructure is upgraded a...
Binance resumes BSC bridge operation after 2M BNB exploit
The BNB Smart Chain resumed its operations shortly after an attacker drained 2 million BNB from the cross-chain bridge. Binance announced the suspension of deposits and withdrawals from its BNB chain ...