Binance BNB Chain Stolen $570 Million

$ 570 million worth of cryptocurrency was stolen from Binance BNB Chain, the latest hack in the cryptocurrency space. Binance is the largest cryptocurrency exchange, and its BNB Chain, previously known as Binance Smart Chain, is a cross-chain tool known as a blockchain bridge that plays an important role in the decentralized financial system, using for transferring crypto assets from one blockchain to another. In the wake of the hack, Binance BNB Chain announced that it will hold an on-chain governance vote on what to do with the funds stolen by the hack.

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