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3232Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
https://www.digit.info/binance-backed-blockchain-completes-hard-fork-to-mitigate-future-cross-chain-bridge-hacks/
Wed, 12 Oct 2022 19:00:04 +0000https://www.digit.info/2022/10/12/binance-backed-blockchain-completes-hard-fork-to-mitigate-future-cross-chain-bridge-hacks/Read more]]>The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too […]
]]>Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
https://www.digit.info/binance-ceo-changpeng-zhao-believes-decentralization-is-part-of-a-gradient-scale/
Mon, 10 Oct 2022 11:30:29 +0000https://www.digit.info/2022/10/10/binance-ceo-changpeng-zhao-believes-decentralization-is-part-of-a-gradient-scale/Read more]]>Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can […]
]]>Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
https://www.digit.info/binance-backed-bnb-smart-chain-paused-over-potential-multi-million-dollar-exploit-token-slides-4/
Fri, 07 Oct 2022 02:33:39 +0000https://www.digit.info/2022/10/07/binance-backed-bnb-smart-chain-paused-over-potential-multi-million-dollar-exploit-token-slides-4/Read more]]>On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s cross-chain bridge. The Bnb Smart Chain team detailed on […]