BNB Chain was forced to hit the brakes on Thursday after the blockchain with ties to the world's largest crypto exchange by volume suffered what it called a "potential exploit" that on-chain evidence suggested could have targeted hundreds of millions of dollars in crypto.
"Due to irregular activity we're temporarily pausing BSC," BNB Chain tweeted from its official account, later confirming that the activity was a "potential exploit" that it characterized as contained.
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
Initial token movements suggested that up to 2 million BSC tokens, worth roughly $570 million, were targeted by an attacker late Thursday, but Binance CEO Changpeng Zhao estimated in a tweet the attacker was only able...
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