The World’s Largest Cryptocurrency Exchange Binance An important development has taken place. Blockchain network BNB Chain, owned by Binance, has been hacked. As a result of this cyber attack, one or more unknown hackers He managed to steal cryptocurrencies from Binance. While all transactions on BNB Chain are being halted, very serious claims are circulating about the amount of cryptocurrency stolen.

Official statements about this, official from BNB Chain from social media accounts done. The first statement stated that abnormal activities were detected on the network and therefore the network was shut down. In the second statement, the authorities announcing the cyber attack announced that all funds were safe. Looking at BNB Chain’s Twitter account, we see that the studies on the subject are still going on going onwe see updates being made to BNB Chain so that attacks can be warded off.

The size of the attack is estimated at 600 million dollars!

Security and analytics studies on blockchain technologies PeckShieldwas one of the first to announce the attack on Binance. PeckShield analysts, who examined data on BscScan, which shows transaction data on Binance, discovered the move of 2 million BNB, worth about $586 million in the first phase. At the end of the process 600 million dollars Information has been shared that cryptocurrency may have been stolen. However, according to BNB Ketenbeheer, this is not the case. Binance has announced that the attack size is in the $70-80 million range. The stolen cryptocurrency For the part of 7 million dollars freezing was possible.

Now let’s take a closer look at the official statements on the subject:

BNB Chain acknowledged the cyber attack:

We have detected a potential exploit and suspended the network. All systems are under control. We continue to investigate the vulnerability.

Official statement on stolen cryptocurrencies:

The amount of cryptocurrency received from the network is estimated to be around $70-80 million, according to initial estimates. Of this, $7 million has been frozen.

Update description from BNB Chain:

We have released our latest update for the BNB network. We want all developers to upgrade. This stops hacker accounts.

Hack Statement from Binance CEO CZ

Extra BNB was struck thanks to a vulnerability in the BSC Token Hub. We have asked to suspend the network and everything is under control. We apologize for the inconvenience we have caused.

This is the amount of cryptocurrency stolen, according to CZ:

According to our estimates, the size of the attack is about $100 million. This figure is about a quarter of the last BNB burn.

According to third parties, the size of the attack is around 600 million dollars:

There are two major reward claims on BNB Chain. There are two requests, 1 million BNB each, according to BscScan.

Studies on the subject continue. As soon as official statements come, we will keep you informed. we will continue…