Token Hub Bridge

BSC Token Hub Hit By $586 Million Bridge Hack

October 6, 2022
Attack Types: 
Signature Verification Issue
Entity Types: 
Blockchain ,Bridge
Target Entities: 
Binance Smart Chain ,Token Hub Bridge

Summary # On October 6, 2022, BSC Token Hub, a bridge between BNB Beacon Chain (BEP2) and Binance Smart Chain (BEP20) was exploited. The native cross-chain bridge between BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20), also known as BNB Token Hub was exploited. The hacker used a low-level proof vulnerability and 2,000,000 $BNB were drained out of thin air. Consequently, the hacker began bridging the funds to Fantom and Ethereum chains. ...