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Coinpedia 2023-08-18 11:13:53

BNBChain’s Cross-Chain Bridge Loses Over $62.5 million in Exploit!

The post BNBChain’s Cross-Chain Bridge Loses Over $62.5 million in Exploit! appeared first on Coinpedia Fintech News The BNBChain’s Cross-Chain Bridge (0x489a) suffered a major exploit resulting in a loss of over $62.5 million in $vBNB tokens. Security firm Peckshield highlighted vulnerabilities in the cross-chain bridge’s security architecture, drawing attention from investors and security experts. Venus Protocol, a DeFi platform, stepped in to rectify the situation and restore the exploiter account to …

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