Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.
The current impact estimate is around $100m USD equvilent, about a quarter of the last BNB burn.
— CZ 🔶 Binance (@cz_binance) October 7, 2022
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.
Blockchain bridges are tools used to transfer cryptocurrencies between different applications.
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