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Binance Bridge Hack, BNB Chain Live Updates

In yet another incident of crypto exploit, the news of Binance Bridge Hack broke few hours after the incident took place early on Friday.
Published by
Anvesh Reddy
Updated 21 Jul, 2025 | 05:10:21 AM UTC
Binance Bridge Hack, BNB Chain Live Updates

In yet another incident of crypto exploit, the news of Binance Bridge Hack broke few hours after the incident took place early on Friday. The Binance smart chain (BSC) network was temporarily suspended after an exploit was found on on a cross-chain bridge, the BSC Token Hub. The exploit, which according to the BSC team is not contained, resulted in extra BNB. BSC said an estimated $100 million to $110 million were initially understood to be taken off the chain. However, an estimated $7M has already been frozen, it added.

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Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Anvesh Reddy
Updated 21 Jul, 2025 | 05:10:21 AM
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