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Cryptocurrency: Hackers stole about $100 million worth of Binance Coin, shock to the crypto market

Cryptocurrency Hacked: World’s largest cryptocurrency exchange Binance was attacked by hackers and stole a whopping Rs 824 crore. This theft turned out to be the theft of the cryptocurrency Binance Coin. The cryptocurrency market faced this shock early on Friday, after which a negative effect was seen on the trading of cryptocurrencies.

Binance co-founder tweeted
Binance co-founder Changpeng CZ Zhao has informed that hackers have stolen Binance Coin worth about $100 million. This information was given this morning through a tweet. Zhao lives in Singapore.

$100 million Binance Coin stolen
In fact, hackers cyberattacked the bridge connecting Binance and the blockchain and stole 100 million or $100 million worth of Binance coins. In this digital theft, hackers grabbed digital tokens worth about 10 to 11 million dollars. However, a spokesperson for Binance’s blockchain, BNB, gave more details, saying that $7 million of the stolen cryptocurrencies have been frozen.

BSC Token Hub has been closed
A spokesperson for Binance’s blockchain BNB said that the BSC Token Hub, the bridge between the crypto exchange and the blockchain, is currently closed. Binance co-founder Changpeng CZ Zhao also said on Twitter that the problem is now contained and your funds are safe. We apologize for the inconvenience and will provide more updates from time to time.

The cryptocurrency market lost up to $ 428 million in the third quarter
The cryptocurrency market in the world has seen a loss of up to $ 428 million in the third quarter. This information has been given in a new report. An analysis of crypto losses by bug bounty platform Immunefi found that fraud accounted for only 7 percent of total losses in the third quarter of 2022, while hackers accounted for 93 percent.

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