https://twitter.com/cz_binance/status/1578171072067031042
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.
— CZ Binance (@cz_binance) October 6, 2022
Blockchain bridges are tools used to send and receive cryptocurrencies between different applications.
Although the CEO of Binance said at first that the theft was $100 million in cryptocurrencies, the bnbchain blog confirmed that the hacker withdrew 2 million BNB.
Each BNB has a present value of u$s278.4, with which the attack involved a theft of US$560 million.
The BNB Chain supports the BNB cryptocurrency, the fifth largest token in the world. According to data from CoinGecko, its total market volume is located at US$46,000 million.
cryptocurrency theft
The hackers of cryptocurrencies took over US$1.9 billion in the first seven months of 2022, which represents a 60% increase compared to the same period in 2021, according to reported the intelligence firm Chainalysis.
Last year cryptocurrency thefts reached $1.2 billion in the first seven calendar months.
However, from the specialized company they emphasized that when comparing, it must be taken into account that the volumes of cryptocurrency transactions so far in 2022, both for illicit and legitimate entities, fell compared to July of the year. past.
Source: Ambito

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