Binance forced to briefly halt transactions following $100 million blockchain hack
that the company estimates the breach's impact to be between $100 million and $110 million. A total of $7M had already been frozen.that their funds are safe. As Zhao explained, an exploit on the BSC Token Hub cross-chain bridge, which enables the transfer of cryptocurrency and digital assets like NFTs from one blockchain to another,"resulted in extra BNB" or Binance Coin.
, the hacker quickly spread the stolen cryptocurrency in attempts of converting it to other assets, but it's unclear if they had succeeded.
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