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B² Network on BNB Chain suspected in $3.86 million token attack

B² Network on BNB Chain suspected in $3.86 million token attack

The team said it would forgo legal action if at least 10% of the stolen funds, about $386,000, is returned within 24 hours after the B2 tokens were swapped and routed across chains.

ETH
BNB
NEAR

Fact Check
The core of the claim - a suspected attack on B² Network on BNB Chain involving ~$3.86M in B2 tokens - is confirmed by the originating on-chain analyst (X post by @SpecterAnalyst), which precisely states 8.591M B2 tokens worth $3.86M were drained, swapped for 5,409 WBNB ($3.11M), and bridged toward Zcash via NEAR Intents. Multiple crypto news outlets (BlockBeats, PANews, Phemex) reproduce these identical figures. The specific detail about the team offering to forgo legal action if at least 10% (~$386,000) is returned within 24 hours is reported by BlockBeats but is not present in the Specter tweet itself; it is nonetheless consistently reported. The claim reflects a suspected/alleged exploit rather than a confirmed final tally, but all reported figures are internally consistent and corroborated across sources.
Summary

B² Network on BNB Chain was suspected of being attacked, with on-chain analyst Specter saying the attacker allegedly stole 8.591 million B2 tokens valued at about $3.86 million. The funds were then swapped for 5,409 WBNB worth about $3.11 million, bridged to Ethereum, and moved to Zcash through NEAR Intents, a cross-chain transfer system. The team later said on-chain it would forgo legal action if at least 10% of the stolen funds, about $386,000, is returned within 24 hours. The sequence suggests an effort to convert the stolen tokens into more liquid assets and route them across multiple networks, a common tactic used to complicate tracing.

Terms & Concepts
  • WBNB: Wrapped BNB token used on-chain.
  • bridged: Transferred assets between different blockchains.
  • NEAR Intents: Cross-chain system for moving assets.