Hackers withdrew 2 million BNB tokens worth about $570 million. | Nick Barclay / The Verge
It’s been a rough year for cryptocurrency, and things are not looking any better after over half a billion dollars of cryptocurrency tokens were stolen from crypto giant Binance on Thursday night.
The exploit hit the Binance Bridge, a cross-chain bridge that allows for the transfer of tokens between two related blockchains operated by the Binance cryptocurrency exchange, and collectively known as BNB Chain. According to well-known smart contract analyst samczsun, the attacker was able to forge transactions that allowed them to withdraw two million BNB tokens from the bridge, worth roughly $570 million.
Funds estimated at around $87 million were removed from the BNB ecosystem entirely; but the remaining funds could not be immediately…