The blockchain consensus mechanism based on improved distributed consistency and hash entropy has higher security, scalability and efficiency, and it is believed that it will play an important ...

Binance initially estimated on Friday that tokens worth about $100mn to $110mn had been taken, pausing the operation of the affected blockchain for approximately eight hours.

Crypto exchange Binance said late Thursday that $100 million was likely stolen as a result of a hack on its Binance Smart Chain blockchain network.

A version of this article appears in print on Oct. 8, 2022, Section B, Page 4 of the New York edition with the headline: Binance Is Hit by a $570 Million Hack.

Blockchain miner Riot Blockchain (NASDAQ:RIOT) continues to witness a significant rise in its hash rate capacity with the accelerated deployment of high-tech and new-generation miners.