BNB Smart Chain Resumes Operations After Exploit Drained Estimated $100M in Crypto (clone 2)

The BNB Smart Chain (BSC) resumed operations as chain validators adopted a software update that would close the exploit used by hackers to drain funds off-chain. Initial token movements suggested that up to two million BSC tokens, worth roughly $570 million, were targeted by an attacker late Thursday, but Binance CEO CZ Zhao estimated in a tweet that the attacker was only able to get away with $100 million of that. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details. [reward]59d0df38-ccda-4d3a-88fd-6fca71650127[/reward] (2)