This morning (20th), the cryptocurrency exchange BingX suffered a major security breach and more than $26 million worth of digital assets were stolen. BingX has issued an announcement to explain the incident and has suspended user asset transfers and withdrawals.

Security Update

At 4 AM (SGT) on Sept 20, our team detected abnormal access to the BingX hot wallet, suspecting a hacker attack. We immediately initiated an emergency response, including asset transfers and pausing withdrawals.

Only minor losses so far, and we’ve got… https://t.co/7CFsqF5W20

— BingX (@BingXOfficial) September 20, 2024

The incident occurred in the early morning of September 20, and the community gradually discovered a large number of abnormal fund outflows from BingX hot wallets. BingX Chief Product Officer Vivien Lin also confirmed the hack on Twitter and announced that all withdrawals were suspended to reduce further risks. Later, the BingX technical team also stated that it detected an abnormality in network access at approximately 4 a.m. and suspected that the hot wallet was attacked by hackers.

According to on-chain wallet tracking data, it is currently estimated that more than 360 different altcoins have been stolen. The current maximum loss is approximately 4,526 ETH and 7,864.7 BNB. Together with other cryptocurrencies, a total of more than 26 million US dollars has been stolen. Source: PeckShield

According to on-chain wallet tracking data, it is currently estimated that more than 360 different altcoins have been stolen. The current maximum loss is approximately 4,526 ETH and 7,864.7 BNB. Together with other cryptocurrencies, a total of more than 26 million US dollars has been stolen.

〈BingX was attacked by hackers and suspended user withdrawals, and about US$26 million in assets were stolen〉 This article was first published on "Blocker".