BNB Chain governance to decide what will happen to hacked funds
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While the BNB Chain has already stopped funds held in the hacker's wallet from being moved, the project will conduct a governance vote to formalize the decision and make a final call on what to do with those funds.
In the same blog post, the team said that it will conduct on-chain governance votes to decide whether to freeze funds in the hacker's address on BNB Chain and whether to "auto-burn" the tokens.
Furthermore, BNB Chain’s governance will vote on announcing a bounty for "catching hackers" where 10% of recovered funds would be granted as a reward. Finally, it aired plans for a white hat bug bounty program that would pay up to $1 million for each security bug found on BNB network, including the exploited bridge.
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