Finance
BNB Chain Back Online Following $100M Exploit
The BNB Smart Chain (BSC) resumed operations at around 06:40 Coordinated Universal Time (UTC) as chain validators adopted a software update that would close the exploit used by hackers to drain funds off-chain..
BNB Chain, a blockchain closely linked to the crypto exchange Binance, is composed of BNB Beacon Chain and BNB Smart Chain (BSC).
A tweet from the official BNB chain Twitter account indicates that the chain is back in operation after pushing out a software update to freeze hackers’ accounts.
Follow us on social media:.@BNBCHAIN is back online. We have now resumed @BNBCHAIN deposits and withdrawals on #Binance.
— Binance (@binance) October 7, 2022
Thank you for your patience. https://t.co/icZvlWaHGi
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