BNB Bridge hacker has liquidated 1.1 million vBNB

Odaily Planet Daily News According to Paidun monitoring, BNB Bridge hackers have liquidated 1.1 million vBNB. The current price of BNB is 218.2 USDT. According to previous reports, after the Binance Bridge attack, in November 2022, Venus passed the VIP-79 proposal for a whitelist liquidation system for the incident. The specific content is to cooperate with Binance and other BNB chain ecosystem participants. Take over when the position reaches the liquidation line and jointly pay down the debt. Therefore, the BNB Chain core team is actually the sole liquidator of this position, in order to safely control this ultra-large-scale BNB supply and avoid the direct occurrence of serial liquidations.