current location: front page Blockchain

BingX suspected of being hacked, losses rise to $52 million

Columns:Blockchain author:BTCZXW time:2024-09-20 17:17:56
🌈🫴👏Welcome to Tora’s free mining platform🌈🫴👏
  • 🕯Mining tokens, completing challenges, and earning crazy rewards will greatly enhance your gaming experience! Unleash the power of your team! Form a strong team and have more fun!
  • 📱Enter the telegram applet: @tora58bot
  • 📱Follow the telegram channel: @TORAMining8
  • ✅Hurry up and start developing your TORA elite team, earn more TORA coins, and make you richer!

    Singapore-based cryptocurrency exchange BingX was allegedly hacked on September 20, with losses increasing from an initially reported $26 million to $52 million, showing the severity of the incident. An investigation by blockchain security firm PeckShield found that Ethereum wallets associated with the attack had gained access to approximately $26.7 million in assets, while further analysis revealed significant losses across multiple blockchain networks.

    image.png

    Hakan Unal, senior director of security operations at Cyvers Alerts, said the total amount of losses is rising as more stolen wallets are identified. He noted that the initial estimates of losses may not be comprehensive, with the latest reports showing total losses reaching $52 million.


    Nonetheless, BingX downplayed the significance of the incident. Head of product Vesper Lin told Cointelegraph that all user losses resulting from the hack would be fully borne by BingX’s own funds, and that approximately $1 million of the stolen funds had been frozen. The platform is still calculating its total losses.


    It is worth noting that the BingX hack comes at a time when cyberattacks against centralized cryptocurrency exchanges in Asia are on the rise. This series of events has raised widespread concerns about security within and outside the industry.


    🌈🫴👏Tora's free mining platform🌈🫴👏
    • 🕯 Mining tokens, completing challenges, and earning crazy rewards will greatly enhance your gaming experience!
    • Unleash your team power! Build a strong team and enjoy more fun!
    Official certification platform
    share to:
    read:161Second-rate

    I want to leave a message

      

    Classification