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The Wall Street Publication > Blog > Tech > Binance Estimates $100 Million Was Stolen in Blockchain Hack
Tech

Binance Estimates $100 Million Was Stolen in Blockchain Hack

Editorial Board Published October 7, 2022
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Binance Estimates 0 Million Was Stolen in Blockchain Hack
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Crypto exchange Binance said late Thursday that $100 million was likely stolen as a result of a hack on its Binance Smart Chain blockchain network.

Binance Smart Chain temporarily suspended transactions and fund transfers, after detecting what it said was an exploit on a bridge between two blockchains. Activity resumed on the blockchain early Friday, a Binance spokesman said.

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