Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.
The current impact estimate is around $100m USD equvilent, about a quarter of the last BNB burn.
— CZ 🔶 Binance (@cz_binance) October 7, 2022
Zhao said the tokens were stolen from a blockchain “bridge” used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.
Blockchain bridges are tools used to transfer cryptocurrencies between different applications.
Bijay Pokharel
Bijay Pokharel is the creator and owner of Abijita.com. He is a freelance technology writer focusing on all things pertaining to Cyber Security. The topics he writes about include malware, vulnerabilities, exploits, internet defense, women's safety and privacy, as well as research and innovation in information security. He is a tech enthusiast, keen learner, rational and cool person in his professional activities and challenges.
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