Binance Smart Chain News: BurgerSwap, the DeFi protocol on the Binance Smart Chain network, was hacked for $ 7.2 million. BurgerSwap, a popular decentralized finance (DeFi) protocol powered by Binance Smart Chain, has suffered a credit attack. The automated market maker was hacked for $ 7.2 million.



Damages will be covered

In its announcement, BurgerSwap claims that it will try to compensate all its users:

The total loss available is approximately $7 million and we will try to cover all your loss.

DEX claims that its team is “working on the issue.” JulSwap, another BSC-based DeFi protocol, seems to have suffered a similar attack that caused a 95 percent price drop. JustLiquidity CEO TG Crypto claims there was no hack or attack in a tweet.


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