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Hacker steals $566 million worth of crypto from Binance Bridge

Posted on October 7, 2022 by Dissent

Lawrence Abrams reports:

Hackers have reportedly stolen 2 million Binance Coins (BNB), worth $566 million, from the Binance Bridge.

Details are scant at the moment, but the attack appears to have started at 2:30 PM EST today, with the attacker’s wallet receiving two transactions [1, 2], each consisting of 1,000,000 BNB.

Soon after the hacker began spreading some of the funds across a variety of liquidity pools, attempting to transfer the BNB into other assets.

Read more at BleepingComputer.

Related posts:

  • Binance Hacker Bounty: $250,000 for info leading to arrest of those involved in March 7 hacking attempt
Category: Financial SectorHack

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