The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too long after, Binance noted that the upgrade was complete a touch after 5 a.m. (ET) on Wednesday morning.
Bnb Smart Chain Hard Forks to Apply Exploit Patch
Five days ago, the Bnb Smart Chain was exploited for roughly $100 million and the chain was paused in order to address the issue. At the time, the hacker managed to leverage phony security proofs to exploit the blockchain network’s cross-chain bridge. Following the hack, Binance announced that it planned to support an upgrade on October 12 that will add a security patch to the protocol that addresses the issue.
“Fellow Binancians, Binance will support the BNB Smart Chain (BEP20) network upgrade...
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