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BNB Chain Functioning Back to Normal Following the Recent Hack

George Georgiev Oct 7, 2022 08:57
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 CryptoPotato 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 ok from 20+ minutes ago.

The validators are confirming their status and the community infrastructure are upgrading as well.

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George Georgiev

Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn