🚨 Important news from the world of cryptocurrency! 🚨

📌 Cryptocurrency exchange BingX has suspended withdrawals due to a suspected hacker attack on a hot wallet. Blockchain analysts estimate losses at more than $40 million.

📌 At 4 am on September 20, the BingX technical team detected abnormal network access and immediately launched an emergency plan, including transferring assets to safe places and suspending withdrawals.

📌 Vivienne Lin, BingX's chief product officer, assured that most assets are in cold wallets and were not affected. The exchange promises to fully compensate for losses and resume withdrawals within 24 hours.

📌 Trading services continue to operate as usual, and user funds remain safe thanks to a multi-layered asset management system.

💬 Share your opinion in the comments! What measures do you think should be taken to prevent such attacks in the future?

#Cryptocurrencies#Blockchain#BingX#Security