Binance, the world's largest cryptocurrency exchange, said yesterday that hackers stole $100 million worth of cryptocurrency from its platform.
According to AFP , Binance CEO Zhao Changpeng posted on Twitter that due to the security vulnerability in the system being exploited by hackers, Binance's proprietary cryptocurrency is additional output. He said: "The current impact is estimated to be about $100 million."
Zhao Changpeng pointed out that the thief used the cross-chain bridge BSC Token Hub to commit a crime this time, and he assured the client that the vulnerability has been patched.
Cross-chain bridge is a tool for investors to transfer assets from one blockchain to another. Hackers are increasingly using cross-chain bridge vulnerabilities to steal crypto assets.
Binance said on social media platform Reddit that the amount of theft was between $100 million and $110 million, and $7 million has been recovered. The
Axie Infinity theft and the stolen $200 million in cryptocurrency company Nomad in September are all related to the cross-chain bridge loophole. Crypto asset analysis firm Chainalysis said in August that the cross-chain bridge vulnerability attack has caused about $2 billion in theft this year.
, one foot taller, and cryptocurrency is not safe.
