BNB Smart Chain to hard fork following $100M exploit
The upgrade is intended to fix the exploit that drained the platform of $100 million. A hard fork to the BNB Smart Chain, the blockchain of crypto exchange Binance, will take place as a fix for the exploit that drained the platform of an estimated $100 million on Oct. 6, according to a post on GitHub. The release for mainnet and testnet is a "temporary urgent patch to mitigate the cross-chain infrastructure between Beacon Chain and Smart Chain", said the post, aiming to re-enable the cross-chain back. The BNB hard fork, dubbed Moran, will take place at block height 22,107,423 — estimated....
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The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too long after, Binance noted that the upgrade was complete a touch after 5 a.m. (ET) on Wednesday morning.
Bnb Smart Chain Hard Forks to Apply Exploit Patch
Five days ago, the Bnb Smart Chain was exploited for roughly $100....
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