CandleFocus Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
2024-09-20
Author: Content Editor
Crypto exchange BingX has been hacked for approximately $43 million worth of assets, including ether, BNB, and USDT. However, the CEO of BingX has stated that the assets stolen were minor and any customer losses will be compensated. The exchange's trading services are said to continue as usual, with withdrawals and deposits temporarily delayed. The stolen crypto was mostly converted into ETH and BNB through decentralized exchanges like Uniswap and Kyberswap. The wallet associated with the hack currently holds over 1,000 ether and tokens worth $5 million.
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