Binance crypto exchange loses over $100 million By Hacker

futurewithcrypto.com

CRYPTO

The largest cryptocurrency exchange in the world, Binance, has lost more than $100 million as a result of hackers breaking into its blockchain network.

The hackers stole between $100 and $110 million, according to Binance.

The most recent crypto business to suffer a significant attack is Binance.

"Harmony" was hacked in June and lost $100 million.

A new on-chain governance mechanism would be implemented for BNB Chain in order to guard against any assaults in the future.

26 validators from Binance are now engaged in the Build and Build (BNB) Smart Chain.

Binance anticipates that when decentralization-related developments occur in the future, the number will rise.