Scammers have stolen $100 million in cryptocurrency from Binance, the largest crypto exchange suffered what it called a “potential exploit.”
The Company CEO, Changpeng Zhao wrote on Twitter that “an exploit” in the system led to extra production of the exchange’s dedicated currency, adding: “The current impact estimate is around $100m.”
“An exploit on a cross-chain bridge, BSC Token Hub, resulted in extra BNB. We have asked all validators to temporarily suspend BSC. The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide further updates accordingly.
“BSC Token Hub is the bridge between BNB Beacon Chain (BEP2) and BNB Chain (BEP20 or BSC). The current impact estimate is around $100m USD equvilent, about a quarter of the last BNB burn,” he said.
