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BNB Chain financial losses reduced by 85% in 2023

AvengerDAO has collaborated with Hashdit, Certik, Ancilia, and Salus Security to release its 2023 security report. The report provides an in-depth analysis of security incidents that occurred on the Binance Smart Chain (BSC) in 2023. Financial losses on the BSC chain decreased significantly in 2023, dropping 85% compared to the previous year. Among them, the amount of fiat currency losses decreased from approximately $43.7 million in the third quarter of 2023 to approximately $15.6 million in the fourth quarter, a decrease of 64%, mainly due to a 51% decrease in hacker attacks. The BNB Chain core development team stated: "We are very grateful for the opinions and feedback from the AvDao committee members Hashdit, Certik, Ancilia, and Salus. They are leaders in the field of crypto security and play an indispensable role in maintaining the integrity of the industry."

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