Hackers stole  Around $100 million worth of crypto from Binance-linked blockchain, CEO says

Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.

image credit : business today

Zhao said the tokens were stolen from a blockchain “bridge” used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.

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Blockchain bridges are tools used to transfer cryptocurrencies between different applications.

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Separately, BNB Chain said in a tweet that the hack involved $100 million to $110 million of digital tokens, without specifying which token was affected.

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BNB Chain also said on Twitter its activity had been temporarily suspended before resuming later in the day.

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Blockchain bridges have in recent month increasingly become the target of thefts, which have long plagued the crypto sector.

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On the Binance website, BNB Chain is described as a “community-driven, open-sourced and decentralized ecosystem.”

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