BNB Chain Functioning Back to Normal Following the Recent Hack

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.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

You Might Also Like:


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 68,579.37 0.68%
Ethereum (ETH) $ 2,426.21 1.89%
Tether (USDT) $ 0.999458 0.15%
BNB (BNB) $ 558.36 0.38%
Solana (SOL) $ 160.25 1.17%
USDC (USDC) $ 1.00 0.04%
XRP (XRP) $ 0.508144 0.48%
Dogecoin (DOGE) $ 0.165879 9.60%
Lido Staked Ether (STETH) $ 2,425.23 1.90%
TRON (TRX) $ 0.162559 1.66%