
The Way Binance Handled Hack Should be Standard: Crypto Influencer
Oct 10,2022
8140In today's disastrous events, influential people called "the king of data encryption" praised Zhao Changpeng's way of solving the BSC hacker crisis on Twitter. The famous login password investment analyst said, "The way Binance and CZ solve this kind of hackers should be typical."
The social networking person then added that the Binance team was both transparent and communicated with investors. According to the influencer, the Binance team also made it clear that it wanted to bear the financial loss. "What else do you want from the team?" Crypto King asked.
Earlier today, an important system vulnerability occurred on the BSC Token Hub bridge, which led to the temporary suspension of the blockchain network by Binance. In a tweet to investors, BinanceCEOChanging Zhao said:
"The BSC dynamic password core cross chain bridge attack caused additional BNBs. We have stipulated that all verifiers temporarily suspend the BSC. The problem has been solved in a timely manner. Your property is safe. We apologize for the inconvenience, and can provide further upgrades."
It is noteworthy that Zhao and the team immediately released the latest news about the repair and destruction process. In a certain situation on the same day, Zhao acknowledged that they did not have an ETA related to connection point promotion. At the same time, he asked its cells to give developers time to understand the direct cause in depth, implement repairs, completely detect them, and then.
A few hours later, BNB chain stores confirmed that BNB intelligent chain stores were operating normally. The team said: "The verifier has determined the situation of the students, and the community infrastructure is still being updated.".
It is inferred that hackers stole BNB tokens worth 570 million US dollars. Although there is no official website report confirming this figure, rumors about the stolen quota are still very common. In other legends, it is said that this siege is a rumor in the internal structure work. However, the veracity of those accusations cannot be verified.