BNB Smart Chain hit by $570 million hack

    BNB Chain, a blockchain linked to the world’s largest crypto exchange Binance, has been hit by a $570 million exploit, a Binance spokesperson said on Oct. 7. BNB Chain resumed its suspended blockchain after several hours. Changpeng “CZ” Zhao, Binance CEO, said in a tweet that tokens were stolen from a blockchain “bridge” used in…

    Why the crash enhances crypto’s potential
    08 Oct 2022
    250 Views

    As I write, the cryptocurrency bear market is roaring, again, and seems to throw off a headline a day. Perhaps the most spectacular statistic is that $2 trillion has been lost since November 2021 and some commentators are saying that there is worse still to come. So, it may seem a strange moment to champion…