Hackers stole $100 million worth of cryptocurrencies from Binance

Changpeng Zhao, founder and CEO of Binance (REUTERS / Benoit Tessier / File) (BENOIT TESSIER /)

hackers they stole around $100 million worth of crypto from a Binance-linked blockchain, said on Friday the CEO of Binance, Changpeng Zhaoin a tweet.

Zhao said the tokens were stolen from a blockchain “bridge” used on 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.

Separately, BNB Chain said in a tweet that the hack involved $100 million to $110 million worth of digital tokens, without specifying which token was affected.

BNB Chain also said on Twitter that its activity had been suspended before resuming around 6:30 GMT.

In recent months, Blockchain bridges have increasingly become the target of theftswhich have long plagued the cryptocurrency sector.

On the Binance website, BNB Chain is described as an “open source, community-driven, decentralized ecosystem.”


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