The exploit hit the Binance Bridge allowing the attacker to withdraw 2M BNB tokens.
,” the BNB Chain team apologized for the exploit, and said that the project would hold a series of on-chain governance votes to determine whether to freeze the hacked funds, and if a bounty should be offered for catching the hackers responsible.
“Looking at the broader picture, we have seen a series of attacks on targeting vulnerabilities in cross-chain bridges,” the blog post read. “We will openly share the details of the postmortem and all lessons on how to implement more advanced security measures to shore-up these vulnerabilities.”, partly because they store very large sums of cryptocurrency tokens at any given time.
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