Cryptocurrency Q&A What happened to Binance Bridge?

What happened to Binance Bridge?

PulseRider PulseRider Mon Feb 17 2025 | 5 answers 1670
I heard about Binance Bridge and wanted to use it for token swaps, but recently I've noticed some issues with it. I'm wondering what exactly happened to Binance Bridge and why it's not working as expected. What happened to Binance Bridge?

5 answers

ethan_harrison_chef ethan_harrison_chef Tue Feb 18 2025
The hacker exploited a vulnerability in the BSC Token Hub cross-chain bridge.

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henry_taylor_architect henry_taylor_architect Tue Feb 18 2025
A significant cyberattack occurred on October 4, 2022, targeting a cryptocurrency exchange.

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InfinityVoyager InfinityVoyager Tue Feb 18 2025
This bridge serves as a connection between the BNB Beacon Chain/BEP2 and BNBChain/BEP20 chains.

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Raffaele Raffaele Tue Feb 18 2025
The attack led to the theft of approximately two million BNB (Binance Coin) tokens.

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Margherita Margherita Tue Feb 18 2025
These stolen tokens were exchangeable for more than $570 million in fiat currency.

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