{"id":10410,"date":"2022-10-11T09:23:03","date_gmt":"2022-10-11T09:23:03","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/11\/binance-releases-urgent-patch-for-bnb-smart-chain-after-hack\/"},"modified":"2022-10-11T09:23:03","modified_gmt":"2022-10-11T09:23:03","slug":"binance-releases-urgent-patch-for-bnb-smart-chain-after-hack","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/11\/binance-releases-urgent-patch-for-bnb-smart-chain-after-hack\/","title":{"rendered":"Binance Releases Urgent Patch For BNB Smart Chain After Hack"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/just-in-binance-releases-urgent-patch-for-bnb-smart-chain-after-hack\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Binance builders launched the short-term pressing patch v1.1.16 for BNB Smart Chain nodes on Tuesday. The patch fixes the cross-chain infrastructure between Beacon Chain and Smart Chain. The cross-chain communication between each chains was disabled after the $100 million cross-chain bridge <a href=\"https:\/\/coingape.com\/100-million-of-binance-coin-stolen-in-latest-exploit-heres-all-details\/\" target=\"_blank\" rel=\"noopener\">BSC Token Hub exploit<\/a>.<\/p>\n<div class=\"quads-location quads-ad90952 \" id=\"quads-ad90952\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=647x80;setID=509734\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"647\" height=\"80\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"647\" height=\"80\"\/><\/noscript><\/a>\n<\/div>\n<h2>Binance Releases Patch to Re-Enable BNB Cross-Chain Services<\/h2>\n<p>Binance builders in a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/v_bnbchain\/status\/1579687230339444741\" target=\"_blank\">tweet<\/a> on October 11 declares the v1.1.16 short-term pressing patch to mitigate the cross-chain infrastructure between the BNB Beacon Chain and BNB Smart Chain. The launch will re-enable cross-chain communication.<\/p>\n<p>Moreover, the <a rel=\"nofollow noopener\" href=\"https:\/\/github.com\/bnb-chain\/bsc\/releases\/tag\/v1.1.16\" target=\"_blank\">v1.1.16 release<\/a> is a tough fork for each the testnet and the mainnet. The Moran laborious fork improve for the mainnet is to occur at block peak 22,107,423 on October 12 at round 8 AM UTC. Similarly, the laborious fork improve for the testnet is to occur at block peak 23,603,940 on October 11 at 8 AM UTC.<\/p>\n<p>The improve will repair vulnerabilities within the IAVL hash test, introduce a block header in sequence test in CrossChain Contract, and make relayer whitelisted to the genesis.<\/p>\n<p>Therefore, validators must test and improve with the v1.1.16 launch instantly. This is an emergency patch to repair the problem and potential dangers on BNB Chain. Also, white-hat feedback on the discharge are most welcome. <a href=\"https:\/\/coingape.com\/blog\/binance-exchange-review\/\" target=\"_blank\" rel=\"noopener\">Binance<\/a> will announce additional enhancements by way of wider dialogue and governance.<\/p>\n<h2>BNB Price Fails to Recover<\/h2>\n<p>BNB Price fell over 5% after the cross-chain bridge BSC Token Hub exploit on October 7. However, the BNB worth fails to get better and fell over 8% since then. At the time of writing, the worth is down over 2% within the final 24 hours and buying and selling at $270.<\/p>\n<p>The builders have confirmed that customers will obtain their funds as soon as the improve is accomplished. Also, the staking rewards ought to get better the subsequent day.<\/p>\n<p>The <a href=\"https:\/\/coingape.com\/binance-bridge-hack-bnb-chain-live-updates\/\" target=\"_blank\" rel=\"noopener\">quick response from BSC validators<\/a> prevented a $570 million BNB exploit. The 2 million BNB tokens created by hackers have been blocked by validators. Currently, Binance is working with regulation enforcement to trace hackers.<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA123691\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is presently protecting all the newest updates and developments within the crypto trade.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD123691\">\n<p> The offered content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any accountability to your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/just-in-binance-releases-urgent-patch-for-bnb-smart-chain-after-hack\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Binance builders launched the short-term pressing patch v1.1.16 for BNB Smart Chain nodes on Tuesday. The patch fixes the cross-chain infrastructure between Beacon Chain and Smart Chain. The cross-chain communication between each chains was disabled after the $100 million cross-chain bridge BSC Token Hub exploit. Binance Releases Patch to Re-Enable BNB Cross-Chain Services Binance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[192,370,2479,214,4681,3803,306,1786],"class_list":["post-10410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-binance","tag-bnb","tag-chain","tag-hack","tag-patch","tag-releases","tag-smart","tag-urgent","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=10410"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10410\/revisions"}],"predecessor-version":[{"id":10411,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10410\/revisions\/10411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10412"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=10410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=10410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v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