BNB Smart Chain
Coverage of BNB Smart Chain in the Nexus archive.
- Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance disabled its app following a $450,000 USDT exploit reported by Blockaid. The attacker drained funds from Garden Finance’s HTLC contracts across Ethereum, Base, Arbitrum, and BNB Smart Chain.
- BNB Smart Chain Shows Quantum-Safe Crypto Works Despite 50% Throughput Drop
BNB Smart Chain has successfully implemented quantum-safe cryptography, demonstrating that the technology is viable despite experiencing a 50% reduction in throughput. The development shows progress in blockchain security against potential quantum computing threats, though with performance trade-offs.
- THORChain pauses trading as security researchers flag suspected $10M multi-chain exploit
THORChain has paused trading due to a suspected $10M multi-chain exploit affecting several major cryptocurrencies. The exploit was flagged by security researchers and spans Bitcoin, Ethereum, BNB Smart Chain, and Base. Trading has been halted as a result.