Cointime

Download App
iOS & Android

BNB Chain financial losses reduced by 85% in 2023

AvengerDAO has collaborated with Hashdit, Certik, Ancilia, and Salus Security to release its 2023 security report. The report provides an in-depth analysis of security incidents that occurred on the Binance Smart Chain (BSC) in 2023. Financial losses on the BSC chain decreased significantly in 2023, dropping 85% compared to the previous year. Among them, the amount of fiat currency losses decreased from approximately $43.7 million in the third quarter of 2023 to approximately $15.6 million in the fourth quarter, a decrease of 64%, mainly due to a 51% decrease in hacker attacks. The BNB Chain core development team stated: "We are very grateful for the opinions and feedback from the AvDao committee members Hashdit, Certik, Ancilia, and Salus. They are leaders in the field of crypto security and play an indispensable role in maintaining the integrity of the industry."

Comments

All Comments

Recommended for you

  • The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

     the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%.
  • U.S. stocks open, most crypto stocks open lower

     the US stock market opened with the Dow Jones up 0.19%, the S&P 500 up 0.05%, and the Nasdaq up 0.01%. Most cryptocurrency stocks opened lower, with Coinbase (COIN.O) down 0.06%, MicroStrategy (MSTR.O) up 0.4%, and Riot Platforms (RIOT.O) down 2.6%. Previously, Bitcoin had risen above $99,000 before falling back.
  • BTC breaks through $98,500

    market shows BTC breaking through $98,500 and is now trading at $98,501.24, with a 24-hour increase of 0.84%. The market is volatile, so please be prepared for risk control.
  • Cardano's ADA Hits Highest Level Since May 2022 as Bitcoin Nears $100K and Capital Rotates into Alternative Cryptocurrencies

    Cardano's ADA has reached its highest level since May 2022, with evidence of significant participation from large traders in the on-chain activity. As Bitcoin approaches the $100,000 mark for the first time, capital is shifting towards alternative cryptocurrencies, generating excitement in the wider crypto market. Additionally, Bitcoin has broken a new record above $98,000, and there are reports that former US President Donald Trump is considering appointing a "Crypto Czar" and a crypto lawyer for SEC Chair. BlackRock's IBIT options launch has also contributed to Bitcoin's new ATH.
  • BCH breaks through $500

    market shows BCH has surpassed $500, currently trading at $521, with a daily increase of over 20%. The market is volatile, please be prepared for risk control.
  • Bitwise Bitcoin ETF's holdings exceed $4 billion

    Bitwise's official data update shows that as of November 20th, the BITB Bitcoin exchange-traded fund's position has reached 42,451.73 BTC, with a market value exceeding 4 billion USD, currently reaching 4,003,716,971.36 USD.
  • BTC breaks through $98,000

    market shows BTC has broken through $98,000 and is now trading at $98,001, with a 24-hour increase of 5.09%. The market is highly volatile, so please be cautious and control your risks.
  • BNB Chain has completed the second Sunset fork

    According to official information from BNB Chain, it has completed its second Sunset fork. The second Sunset fork will migrate the BNB beacon chain staking function to the BNB smart chain, and all assets need to be migrated from the beacon chain to the BNB smart chain. BNB Chain reminds users:1. Staked BNB: If BNB is staked, it needs to be migrated. If it is not migrated before July 14th, the staking will be automatically cancelled and returned to the user's account within 2 weeks.2. BNB and other BEP2 assets: These assets also need to be migrated from the beacon chain to the BNB smart chain. If the assets are not migrated, they will not be transferable after August 15th. If the asset migration is not completed yet, it needs to be done before July 14th.
  • Cointime April 20th News Express

    1. Ordinals’ cumulative fee income exceeds 6,700 BTC, an increase of approximately $80 million in the past three days
  • BNB Chain’s high-risk DappBay alert list adds 7 new projects including AlphaOrBeta

    BNB Chain updated its Dapp Bay high-risk DApp Red Alarm project list. The projects that were added to the list in the past 24 hours include AlphaOrBeta, Rocket Wallet, BIM Finance, Goose Finance, Uno Re, Anchor Finance, and Sashimi Swap.