BNB hacker loses over $53M after getting liquidated in market crash

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The overall market suffered a 6% drop, wiping out over $1 billion in crypto positions in the last 24 hours.

Transaction showing that the BNB exploiter was liquidated. Source: PeckShield

On Aug. 18, the entire crypto market suffered a 6% drop, sending the overall market capitalization to $1.1 trillion, according to coin information sites. The event wiped out over $1 billion in crypto positions in the last 24 hoursThe BNB Smart chain hackers were also affected, as the price of BNB dropped below $220. According to blockchain data, three positions linked to the wallet were automatically liquidated after the price fell. At the moment, BNB is trading at $218 per token.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines