BNB Chain Functioning Back to Normal Following the Recent Hack - OhNo WTF Crypto

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BNB Chain Functioning Back to Normal Following the Recent Hack

October 07, 2022 , ,
#Ripple #XRP

The BNB Chain is back to operating normally following a halt that happened because of a massive security breach. Validators are confirming their status while the community infrastructure is upgraded as well.

As CryptoPotato reported yesterday, the BNB Chain was temporarily paused following the $600 million hack.

  • Binance first revealed the halt due to irregular activity, and it was later established that millions worth of BNB were drained.
  • The community, including developers and project owners, was quick to respond, and a lot of the funds have been frozen already, as confirmed by CZ himself.
  • Now, the network is back to running normally, according to an update on the official Twitter account:

BNB Smart Chain (BSC) is running ok from 20+ minutes ago.

The validators are confirming their status and the community infrastructure are upgrading as well.

The post BNB Chain Functioning Back to Normal Following the Recent Hack appeared first on CryptoPotato.



OhNoRipple via https://www.ohnocrypto.com/ @George Georgiev, @Khareem Sudlow