- GANA has suffered a $3.1 million exploit.
- The attacker used Tornado as a tool to obscure transactions.
- BSC Chain-based solutions have experienced several hacks this year.
Emerging reports have revealed that GANA Payment, a decentralized PayFi infrastructure built on BNB, has suffered a $3.1 million exploit. Following the hack, GANA, the native token of the payment ecosystem, crashed, dropping to $2.98 to $0.31, reflecting a 90% decline.
1140 BNB Stolen from GANA
In a report linked to ZachXBT, a blockchain investigator on X, revealed that the attacker deposited 1140 BNB, equivalent to $1.04 million, to Tornado on BSC and bridged funds to Ethereum, where another 346.8 ETH, worth $1.05 million, was deposited to Tornado.
Typical of ZachXBT’s analysis, the report included a process diagram revealing how the hacker moved the funds through multiple wallets to evade tracking. Meanwhile, ZachXBT confirmed that the attacker’s wallet held 346 ETH, equivalent to $1.046 million, at the time of the report.
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BSC Network Vs Ethereum in 2025
Notably, GANA, with the reported exploit, becomes the latest among the DeFi solutions on the BSC chain to be hacked. There have been several such incidents on the platform this year. However, it is worth noting that the BSC Network itself has not experienced major breaches. Instead, it is the smaller GameFi and DeFi protocols operating on the network that have been attacked in 2025.
Among the several security incidents on BSC in 2025, the standout event involved a $32 million drain via oracle manipulation within a specific protocol. Analysts attribute the higher frequency of exploits on the BSC network, compared to Ethereum, to a lower auditing rate. For instance, according to reports, the rate of audited smart contract deployment on BSC in 2025 is 41%, which is significantly low compared to Ethereum’s 74%.
BNB Chain’s Efforts to Mitigate Insecurity
Meanwhile, the BNB Chain is on record for making efforts to curtail the rate of exploits on DeFi solutions in its ecosystem. The blockchain network introduced the BEP-340 protocol earlier this year to improve on-chain logging, which helps in tracking exploit vectors more quickly. It also embarked on bug bounties, paying out $1.2 million to encourage researchers to report vulnerabilities within the network.
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Source: https://coinedition.com/hackers-exploit-gana-payment-for-3-1-million-on-bsc-chain/
