Bingx crypto tours captured $ 43 million

• bingx was chopped early Friday, September 20, and cryptocurrencies worth $ 43 million stolen from the stock exchange hot wallet.
• hacker have stolen ETH, BNB, USDT and over 300 other coins and tokens.
• on-chain data show that the attacker quickly exchanged the most assets for Ethereum and BNB.

bingx was hacked. Due to the security violation, $ 43 million from the Hot Wallet of the Singapore-based cryptocurrency exchange was branched off.

Blockchain security company Peckshield Registered via the Exploit in the early Friday.

Etherscan data show that of the stolen $ 43 million over $ 13.2 million, more than 2.3 million BNB and more than 4.4 million are. The hacker also looted 360 other coins from Bingxs Hot Wallet - these were exchanged on decentralized stock exchanges such as Uniswap and Kyberswap in ETH and BNB.

bingx releases payments

Vivien Lin, CEO of Bingx, confirmed the incident via a Posted

lin noted that the Technical Team of the Börse discovered the break -in on September 20 at 4:00 a.m. and identified an "abnormal network access". The BingX security team immediately initiated the platform's emergency plans, including the urgent transfer of assets from the Hot Wallet and the setting of withdrawals.

"To ensure security, withdrawals have been temporarily exposed to, while we carry out an emergency inspection and improve the wallet services. We sincerely apologize for the inconvenience. Leave will be restored within 24 hours at the latest," added LIN.

The CEO of BingX also assured users that the stock exchange was safe.

f3: Is the platform still safe?
Answer: The platform works normally and you can continue to act as usual, use GRID strategies and financial services. Only the wallet is currently being waited. Your funds are safe, so please be patient while the wallet ...

- Vivien lin @ bingx (@vivien_bingx) 20. September 2024

According to BingX, the losses are "only low" and most of the users' funds are in cold storage.

One of the biggest attacks on a crypto tour in 2024 occurred in July when Hackers stole over $ 230 million from the Wazirx cryptocurrency exchange in India. The attacker managed to wash the majority of the funds, most recently 6.5 million dollars were transferred to Tornado Cash.