Binance pauses withdrawals after hacker exploits Ankr and Hay tokens

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Binance pauses withdrawals after hacker exploits Ankr and Hay tokens
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Crypto exchange giant Binance has paused withdrawals after reports emerged that Web3 operator Ankr and destablecoin Hay was hit by a hacker in the early...

Crypto exchange giant Binance has paused withdrawals after reports emerged that Web3 operator Ankr and destablecoin Hay were hit by a hacker in the early hours of Friday morning.

Ankr is a Web3 infrastructure provider... Crypto exchange giant Binance has paused withdrawals after reports emerged that Web3 operator Ankr and destablecoin Hay were hit by a hacker in the early hours of Friday morning. Ankr is a Web3 infrastructure provider for the BNB Chain ecosystem. At least $5 million has been allegedly stolen from the hacking.

He added that the exchange paused withdrawals a few hours ago at the time of tweeting and froze $3 million that the hackers had moved to the Binance exchange.Decentralized ecosystem BNB Chain tweeted that the hacker minted “a substantial amount” of new aBNBc and then dumped the coin in exchange for other tokens.

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