Binance cryptocurrency trading platform shut down its blockchain network today after hackers managed to break in and steal $ 100 million worth of BNB tokensCBS reports.
The platform claims she was the target of the attack crosses its connection with the so-called “intelligent chain” (BSC), which allowed hackers to move BNB tokens off the network.
Crosschain links are tools that allow the transfer of tokens from one blockchain to another.
Bynance has suspended BNB token trading and temporarily suspended the creation of new blocks in BSC until the causes of the breach are revealed and resolved, Bynance CEO Changpeng Zhao said on Twitter.
We will get rich if we invest in cryptocurrencies
“The problem is solved. Your money is guaranteed. We apologize for the inconvenience, “he said.
buffer stock
The hackers were able to steal between $ 100 and $ 110 million in BNB tokens, a spokesperson for the platform said. The company managed to freeze $ 7 million in funds.
The price of the BNB token fell 3% after the announcement to $ 285.36, according to data from CoinMarketCap.
Binance’s “smart chain” was developed in 2019. Like other blockchains, it works with its own token: BNB, which can be bought, sold and used in games or other applications.
The attack is another in the cryptocurrency world since the beginning of the year. According to data from blockchain analytics firm Chainalysis, assets worth $ 1.4 billion have so far been victims of hackers.
For more financial news and other helpful tips on your personal finances, you can follow us at Facebookso you don’t miss anything interesting from Pariteni.bg
