BNB Chain Functioning Back to Normal Following the Recent Hack
October 7, 2022
The BNB Chain is back to normal as validators are confirming and community infrastructure is being upgraded.
The BNB Chain is back to operating normally following a halt that happened because of a massive security breach. Validators are confirming their status while the community infrastructure is upgraded as well.
As reported yesterday, the BNB chain was temporarily paused following the $600 million hack.
- Binance first revealed the halt due to irregular activity, and it was later established that millions worth of BNB were drained.
- The community, including developers and project owners, was quick to respond, and a lot of the funds have been frozen already, as confirmed by CZ himself.
- Now, the network is back to running normally, according to an update on the official Twitter account:
BNB Smart Chain (BSC) is running okay from 60+ minutes ago.#cryptonews #binancehack