Over 4 Billion Crypto Laundered Via Cross Chain Technologies
After spotting a vulnerability between two blockchains, the business momentarily blocked transactions and fund transfers, a manner of digital theft that has recently been utilised in at least one other large attack. According to reports, hackers stole 2 million Binance Coins, or BNB, worth $570 million. Binance first reported that just $100 million in tokens were taken, but following an internal investigation, verified the bigger amount on its blog. Binance CEO Changpeng Zhao explained on Twitter that “an attack on the cross-chain bridge, BSC Token Hub, resulting in additional BNB....