Binance Smart Chain Validators Look to Push Update to Bring BSC Back Online

The Binance Smart Chain (BSC) is expected to be back online by 06:00 Coordinated Universal Time (UTC) as chain validators are working to push out an update that will freeze hacked accounts.

  • Binance halted the BSC chain earlier Friday after an exploit was discovered that drained $100 million in crypto from the platform. $7 million of the total crypto has already been frozen.
  • The price of BNB is down 4% on-day, currently trading at $283.