Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday.
(For insights on emerging themes at the intersection of technology, business and policy, subscribe to our tech newsletter Today’s Cache.)
Zhao said the tokens were stolen from a blockchain "bridge" used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.
Blockchain bridges are tools used to transfer cryptocurrencies between different applications.
Separately, BNB Chain said in a tweet that the hack involved $100 million to $110 million of digital tokens, without specifying which token was affected.
BNB Chain also said on Twitter its activity had been suspended before resuming at around 06:30 GMT.
Blockchain bridges have in recent month increasingly become the target of thefts, which have long plagued the crypto sector.
On the Binance website, BNB Chain is described as a "community-driven, open-sourced and decentralized ecosystem".
