Binance hacked to the tune of $100 million or more
Headline from KVIA El Paso
By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart…
KVIA El Paso's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
It is the latest in a series of major hacks targeting cross-chain bridges, with instances of sloppy engineering making them a prime target for cybercriminals.
By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart…