Binance Chain up and Running Again

Binance Chain up and Running Again

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Mike
Mike

An editor at Coincrop


10 Oct 2022 | 1 min read
13,285 views

T

he Binance chain seems to be back in action, according to a tweet from the Binance chain's official Twitter account, which says that it has frozen hackers' accounts after deploying a software update.

The Binance Smart Chain (BSC) resumed operations at 6:40 7th October 2022 Coordinated Universal Time, or UTC, after software developers delivered a fix that would render the exploit utilized by hackers ineffective.

Earlier this week, the BNB Chain was stopped after a drain of $100 million in crypto from the platform was discovered. So far, $7 million has been frozen.


Mike

Mike

An editor at Coincrop
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Mike is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely putting his latest car project back together.


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