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Dubai News Club > Tech > Hacker steals $570 million of crypto tokens from Binance’s BNB Chain
Tech

Hacker steals $570 million of crypto tokens from Binance’s BNB Chain

Press Room
Last updated: 2022/10/07
Press Room
Published: October 7, 2022
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It’s been a rough year for cryptocurrency, and things are not looking any better after over half a billion dollars of cryptocurrency tokens were stolen from crypto giant Binance on Thursday night.

The exploit hit the Binance Bridge, a cross-chain bridge that allows for the transfer of tokens between two related blockchains operated by the Binance cryptocurrency exchange, and collectively known as BNB Chain. According to well-known smart contract analyst samczsun, the attacker was able to…

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