According to Odaily Planet Daily, BingX Chief Product Officer Vivien Lin published a post on the X platform revealing that around 4 a.m., the technical team detected abnormal network access and suspected that BingX's hot wallet was hacked. The team quickly launched an emergency plan, including emergency transfer of assets and suspension of withdrawals. A small amount of assets have been lost, but the amount is not large and is still being counted.

In order to protect user assets, BingX adopts a hierarchical management system, with most assets stored in cold wallets and only a very small amount of assets used for withdrawals. The team is conducting emergency inspections and strengthening wallet services, temporarily suspending withdrawal services, and is expected to resume within 24 hours at the latest.

Despite frequent market fluctuations, BingX is still actively maintaining the security of user assets. As the leader of cryptocurrencies, Bitcoin still shows strong vitality and market potential. 🔒💪