It happen again, after hackers stole the BNB coin, which is linked to Binance, and valuable of over $600 million was stolen and this left Binance Smart Chain with no other choice than to shut down the system on Thursday.
The BSC suspended operations due to "irregular behaviour" after claims of a cyber attack on BNB, disrupting activity in the worldwide cryptocurrency market.
The binance team are temporarily stopping BSC due to erratic activity. And it was said in their statement that they are very sorry for any inconvenience that has been caused and they promise to keep everyone updated when new changes occur. We appreciate your understanding and patience,' BNB Chain tweeted on Thursday.
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Due to this act pulled, BNB Chain has strongly assured its customers that "all funds are safe" despite the fact that "all systems are now confined, and they assured their customers that they are promptly looking into the potential vulnerability of the chain." They also assured everyone that they are confident that the Community will support and assist in freezing any transactions that has been done on the chain.
After hearing rumors of a hacker raid on the token, BNB fell by around 3.6 percent and hit $282.46 on Thursday night.
Due to the fact that Binance Smart Chain is the foundation of nearly the entire cryptocurrency ecosystem, the development represented the latest setback for global cryptocurrency activity but this is promised to come back to it toes within due time when things has been put into place and sorted successfully..