BNB Chain tweeted that they request BSC Validators to get in touch with them within the next few hours so that they can plan a node upgrade. CZ retweeted and said "No ETA yet. Let's give the devs time to fully understand the root cause, implement the fixes, test them thoroughly, and then resume. "
Previously according to official news, BNB Chain cross-chain bridge BSC Token Hub (the bridge between BNB Beacon Chain and BNB Chain) suffered an attack by hackers. The hackers exploited the vulnerability to cause an impact of about $100 million, about a quarter of the last $BNB tokens burn.
The official community responded quickly after the incident with its internal and external security partners to freeze about $7 million in funds. Due to irregular activity they are temporarily pausing BNB Chain.
As effect of the event, $BNB price dropped 3.78% in 24 hours and the current price is $285.42.
Binance
Security Incidents
CZ
