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BNB hacker liquidates from market meltdown, loses $53M

BNB hacker liquidates from market meltdown, loses $53M

A sharp market dip caused many traders to sell and BNB Smart Chain exploiters to steal approximately $600 million in BNB tokens. The assault halted BNB Smart Chain's cross-chain bridge, liquidating Venus Protocol collateral valued over $53 million. The crypto market fell 6%, wiping roughly $1 billion in holdings in 24 hours. BNB's price went below $220, liquidating three wallet holdings immediately.

CoinGlass: The Comprehensive Crypto Derivatives Data Platform

CoinGlass: The Comprehensive Crypto Derivatives Data Platform

CoinGlass provides an analytical edge to traders with its extensive derivatives data, including open interest, funding rates, and liquidation across various crypto assets.

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