Hacker Steals $566 Million Worth Of Crypto From Binance Bridge

By   ISBuzz Team
Writer , Information Security Buzz | Oct 07, 2022 02:50 am PST

Hackers have reportedly stolen 2 million Binance Coins (BNB), worth $566 million, from the Binance Bridge. Details are scant at the moment, but the attack appears to have started at 2:30 PM EST today, with the attacker’s wallet receiving two transactions, each consisting of 1,000,000 BNB. Soon after the hacker began spreading some of the funds across a variety of liquidity pools, attempting to transfer the BNB into other assets. Binance acknowledged the security incident at 6:19 PM EST and paused the BNB Smart Chain while they investigated the incident. More information: https://www.bleepingcomputer.com/news/security/hacker-steals-566-million-worth-of-crypto-from-binance-bridge/