**Crypto Exchange BingX Hit by Minor Hack, Suspends Withdrawals**
Singapore-based crypto exchange BingX has confirmed a minor asset loss following suspicious outflows from one of its hot wallets. BingX's Chief Product Officer, Vivien Lin, revealed that the technical team detected abnormal network activity around 4 am Singapore time on Sept. 20, suspecting a hacker attack.
- **Immediate Response**: BingX activated its emergency plan, transferring assets urgently and suspending withdrawals.
- **Loss Details**: While the exact amount is still being calculated, blockchain security firm PeckShield reported over $13.5 million in suspicious outflows.
- **Further Analysis**: Web3 antivirus firm De.Fi estimated losses at $20 million across multiple chains.
- **Next Steps**: BingX is conducting an emergency inspection and strengthening wallet services, with withdrawals expected to resume within 24 hours.
Stay tuned for updates as this story develops.