From 07bf088344cb5ffde11361f82933b379db0dc450 Mon Sep 17 00:00:00 2001
From: bt3gl <1130416+bt3gl@users.noreply.github.com>
Date: Mon, 10 Oct 2022 10:39:35 -0700
Subject: [PATCH] Delete binance_bridge.md
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-## 🍳 binance bridge
-
-
-
-### tl;dr
-
-* an attacker stole 2 million BNB (~$566M USD) from the Binance Bridge
-* the attacker exploited the BNB bridge into minting 2 batches of 1M BNB each, via falsified proofs of deposit on the legacy binance beacon chain
-* the bridge uses vulnerable IAVL verification which the attacker was able to forge, specifically for block 110217401
-* to not draw attention, funds were deposited as collateral on the lending platfor, venus protocol - making it look like it was simply a gigawhale
-* users begain to notice high-slippage swaps and tether blackisting funds
-* the attacker supplied 900k bnb to venus, borrowing a total of $147M in stablecoins, before bridiging to ethereum and l2s, fantom, avalance, polygon
-* bnb paused for 8h, with 26 validators the chain is not really decentralized
-
-
-
-
-
-
-
-
-### resources
-
-
-
-* [samczsum](https://twitter.com/samczsun/status/1578167198203289600)
-* [rekt](https://rekt.news/bnb-bridge-rekt/)
-* [slow mist](https://twitter.com/SlowMist_Team/status/1578220472373649408)
-* [dedaub](https://twitter.com/dedaub/status/1578428002701959170)