Market News

This is a short post. Just to share the latest update today.

Binance Smart Chain hit the brakes Thursday after the blockchain with ties to the world’s largest crypto exchange Binance suffered what it called a “potential exploit” that on-chain evidence suggested could have targeted hundreds of millions of dollars in crypto. Estimated over millions digital assets are exploited…

An exploit on a cross-chain bridge, BSC Token Hub, resulted in extra BNB. We have asked all validators to temporarily suspend BSC. The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide further updates accordingly.

— CZ 🔶 BNB (@cz_binance) October 6, 2022

Refer to the latest update from the team directly

Update📢 BSC validators are coordinating to bring back BNB Smart Chain (BSC) in an hour with the latest release https://t.co/d2gIsRlGDC

It includes:
1.Stopping hacker accounts from acting

1/2

— BNB Chain (@BNBCHAIN) October 7, 2022

Markets – reits also coming down as interest rates going up. Energy crisis for Europe Winter are coming soon. Eclipse on 25 Oct also coming…

Take care everyone!