⚠️ BingX exchange hacked — some of users' tokens sold and withdrawn to other wallets

Preliminary, we are talking about $20-26 million stored in the exchange's hot wallet, the bulk of the assets stored in the exchange's cold wallets, according to the exchange, are safe.

"We immediately launched our contingency plan, including an urgent transfer of assets and a suspension of withdrawals. Withdrawals will be resumed no later than 24 hours," the exchange representatives say.

An extra reminder to store your assets on several exchanges/wallets/fiat/assets, since ANY exchange can be hacked, an account can be blocked under various pretexts, etc. Be aware of the risks.

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