Hacker Loses Assets Worth $50 Million After $600 Million BNB Heist

The sudden market downturn in the crypto space has led to the liquidation of many investors’ funds, and the notorious attackers responsible for the infamous BNB Smart Chain exploit, which resulted in the theft of approximately $600 million worth of BNB, lost $50 million of the assets they acquired during the drop on the night of August 18, according to on-chain data on the BNB Smart Chain ecosystem. Stolen Assets Liquidated On October 6, 2022, the cross-chain bridge of the BNB Smart Chain blockchain network was suspended due to an exploit that allowed hackers to escape with approximately 2 million BNB tokens worth $568 million during the theft. The post Hacker Loses Assets Worth $50 Million After $600 Million BNB Heist appeared first on COINTURK NEWS.