1 min read
Add as a preferred source on Google

Binance Hack Address Screening Disrupts Routes on Relay’s Bridge

The bridge is working with Binance and law enforcement to screen hacker-linked addresses. Users do not need to take action.

A metal gate blocks the lane of a miniature bridge / TokenPost.ai
A metal gate blocks the lane of a miniature bridge / TokenPost.ai

Address screening linked to the Binance hack has disrupted routes on Relay’s bridge as the project works to block associated funds from moving. The bridge is working with Binance and law enforcement on the screening effort.

Users do not need to take action. Address screening linked to the Binance hack has disrupted routes on Relay’s bridge as Relay works with Binance and law enforcement. The stated goal is to stop hack-linked funds from moving through affected routes, leaving users without a requested step in the response.

The route disruption is part of Relay’s effort to screen addresses and block related funds. The operational effect is route disruption; the security goal is to prevent hack-linked funds from moving. Its guidance to users remains that no action is needed as Relay, Binance and law enforcement work on the screening.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…