An exploit occurred on a bridge between blockchains and the issue is “contained now”, Changpeng “CZ” Zhao, billionaire co-founder of Binance, the world’s biggest crypto exchange, said on Twitter on Friday.
About $2-billion has been lost in crypto hacks this year, many perpetrated by North Korea-linked groups. Cross-chain bridges used to transfer tokens across blockchains have been a popular target. BNB Chain said it’s working with security services to freeze transfers of stolen funds. Binance Coin, also known as BNB, fell as much as 3.3% on Friday and was trading around $285 as of 10:08am in Tokyo.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Liberian Company - TRH Trading Incorporation - Likely Victim of Cocaine Smuggling OperationLast weekend's seizure of US$100 million worth of cocaine described as the biggest bust in Liberia's history, is the latest in a long-line of recent smuggling operations which criminal gangs are using to transship drugs. FrontPageAfrica has now learned from documents in its possession that TRH Trading Corporation in whose name the container was sent, is a victim of a wider scheme.
Source: allafrica - 🏆 1. / 99 Read more »
Business Maverick: Uber’s former security chief convicted of data hack coverupUber Technologies’s former security chief was convicted of concealing a massive data breach in a case that prosecutors tied to the company’s troubled past under its original leadership.
Source: dailymaverick - 🏆 3. / 84 Read more »