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4 articles found
Latest
BNB Chain Rolls Out BEP 336 and a New L2 Service on BSC
BNB Chain has unveiled an array of BEP 336 updates, drawing inspiration from Ethereum's EIP 4844 (Dencun), a topic we explored in a dedicated article.
What Is Layer 1 in Blockchain?
A Layer 1 is a base-level network, such as Bitcoin, Ethereum, or BSC, that processes transactions on its own blockchain and utilizes its own token for transaction fees.
A $16 million security breach impacts Stake betting service
Hackers managed to drain 6000 ETH, 3.9 million USDT, 1.1 million USDC, and 900,000 DAI from the company's address. Tongue-in-cheek, one might say Drake was responsible for the audit. UPD: Hacken has disclosed that an initial cyber theft of $20.69 million was executed on the Ethereum network, which was followed by subsequent heist amounting to $25.6 million across the BSC and Polygon networks. The project's team has not yet commented on the breach. The only information available is a Telegram channel update, indicating technical maintenance for the withdrawal of ETH, USDT, and ERC20 tokens.
BSC hack: what do we known so far?
The BNB Smart Chain network got a series of attacks through a cross-chain bridge exploit. Previously, the damage amounted to hundreds of millions of dollars, not counting the inevitable reputational costs.
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