The hacker exploited a vulnerability in the BNB Smart Chain on May 5, according to blockchain security firm PeckShield.
A bot initiated the hack on the BSC, which led to a loss of more than $1.3 million. The attacker also targeted the Arbitrum network, with ARB/ETH deployments losing over $5 million. Twitter users: it appears to be a pubic burn vulnerability with loss > $1.3M alone at BSC. The ARB/ETH deployments are also affected.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How does quantum computing impact the finance industry?Quantum computing could revolutionize finance by solving complex problems quickly, improving risk management and enhancing cybersecurity measures. QCs have the ability to solve complex mathematical problems exponentially faster than classical computers, making them ideal for several complex tasks. The finance industry is one of the first runners in testing the technology.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Microsoft helping finance AMD's expansion into AI chips- BloombergMicrosoft Corp is working with Advanced Micro Devices Inc on the chipmaker's expansion into artificial intelligence processors, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
Source: Reuters - 🏆 2. / 97 Read more »
'Frankly, the machine is shut down,' says investor in key area of commercial real estate financeWall Street's main artery for financing commercial real estate is sputtering, with issuance of commercial mortgage-backed securities down 80% this year.
Source: MarketWatch - 🏆 3. / 97 Read more »