Binance Hack is reported incorrectly. Here’s why – Katoch Tubes
What happened
in binance hack
What happened
in binance hack
About the News
About the News
Many news agencies have reported that BNB chain was hacked and crypto assets worth $100 million were stolen from the chain. But is it correct?
What's wrong with it?
What's wrong with it?
The mainstream media has failed to understand how blockchain works and the modus operandi of the crypto hackers.
What actually happened?
What actually happened?
BNB chain is not hacked. It's the cross-chain bridge "The Binance Token Hub" that's hacked which is used for BEP2 & BEP20 token swap.
About Cross-Chain bridge
About Cross-Chain bridge
Cross-Chain bridge is a decentralized exchange that's used to swap tokens across blockchains. Like from ERC-20
to BEP20 tokens.
Chains are Unhackable
Chains are
Unhackable
Most of the blockchains are un-hackable. Largely because of the technology & also because of the limited on-chain storage of information.
Whom to listen?
Whom to listen?
Whenever you hear breaking news related to blockchain technology. Switch to Twitter and follow the experts over mainstream media
Top Crypto Influencers
Top Crypto Influencers
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Learn more
Also Read:
Also Read:
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BNB Chain hack
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BNB Chain hack
2..
RBI e-Rupee
2.
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RBI e-Rupee
3..
Its About Huobi
3.
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Its About Huobi
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