BingX, a cryptocurrency exchange, is suspected of being hacked. Currently, assets worth about 20 million US dollars have flowed into the hacker's address. The hacker sold various altcoin assets on the chain and transferred some assets to other addresses. BingX issued an announcement stating that the wallet system is undergoing temporary maintenance.

#BingAI #BingA #Bing #BingX #Debate2024

#BingX

The #BingX exchange has been #Hacked through hard wallets 15 and it is still conducting real-time swaps. The extent of the damage is unknown, but deposits are currently halted.
Anyone trading there should be cautious.

BingX Exchange Faces Potential Attack: Over $27M in Crypto Stolen!
In a possible security breach, alleged attackers have drained over $27 million in various crypto assets from BingX Exchange in just the past four hours.

The stolen funds are being swapped for Ethereum (ETH) through several suspicious wallet addresses:
Address 1: 0xf7e8033366166f92eb477b7b38e0d47d47b43326
Address 2: 0x940362b46faf7df48af1c8989d809f50466b5fca
Address 3: 0x719981cf7d1a1dc681a1cf0c6b1eeee090d0fed6
Address 4: 0x1dd7daf089c16856155fefd7e2170966bb6b3aee
Address 5: 0xf26e64ef4300ca027d2ffedd7d765d7a3906091c

The suspected attacker’s wallets currently hold 7,225 ETH ($17.71M) and 11,467 BNB ($6.44M). In response, BingX has placed its wallet system under temporary maintenance, suspending withdrawals and related services.

Official Response from BingX:
At 4 AM (SGT) on September 20, the BingX team detected suspicious activity in their hot wallet, indicating a possible hack. They swiftly transferred assets and paused withdrawals to mitigate the impact. The exchange reports minimal losses, assuring users that the majority of assets remain safe in cold wallets, with only a small portion affected.

To ensure the security of user funds, BingX has extended recharge and withdrawal processing times and promises to resolve the situation within 24 hours. The exchange appreciates users' patience during this time.

#BingX #HackerNews #hack

According to the latest Immunefi Crypto Losses Report, hackers stole $409 million worth of cryptocurrency in Q3, with an additional $3 million lost due to fraud. The $409 million stolen represents a 40% decrease compared to the same period last year.
Most of the losses this quarter came from hacks on crypto exchanges, with India’s #wazirX losing $235 million and Singapore’s #BingX losing $52 million.

#cryptolossesreport

Gleb, the founder of #Blum , warned during a Telegram voice broadcast through the official #Blum Telegram channel about pre-market prices. Gleb said that pre-market prices are based on speculation. Earlier, #Blum was listed on the #BingX platform and the token price is now trading at 0.006.

🚨 BingX Crypto Exchange Hacked!

Hackers have stolen $26 million worth of crypto from BingX wallets.

The exchange has blocked withdrawals for users and promises to compensate the losses.

The situation is still developing, and users are advised to stay informed!

#BingX #CryptoHacke #marketingagency #CryptoNewss

Crypto Exchange BingX Vows to Compensate Users After $43M Hack

However, blockchain security firm PeckShield reported that the security breach actually led to a $43m loss, primarily involving Ethereum and BNB Chain. At first, the firm had pegged the number to be around $26m.

PeckShield observed that the hacker swiftly exchanged the majority of the pilfered assets for about 4,526 $ETH and 7,864.7 $BNB. As of its last update, the stolen funds totaled 5.3K ETH, 4.1K BNB and 1.65M MATIC.

#BTC☀ #BingX #ETH🔥🔥🔥🔥

BingX Exchange Hack: $26 Million in Altcoins Stolen

BingX, a major crypto exchange, recently fell victim to a devastating hack that resulted in over $26 million worth of altcoins being stolen. The attackers swiftly swapped the stolen assets for ETH and BNB.

This incident echoes the rising trend of crypto exchange vulnerabilities, reminding users of the importance of securing their assets. BingX has confirmed the breach and is currently working on strengthening its security while cooperating with investigators to track down the hackers.

In the meantime, users are advised to stay vigilant and consider moving their assets to cold storage or using robust security measures, including 2FA and hardware wallets.

Stay Safe!

The full extent of the damage and any potential reimbursements are still under investigation.

#BingX #DODOEmpowersMemeIssuance #CATIprediction #BTCReboundsAfterFOMC #FOMC

#PeckShieldAlert
#BingX has been hacked with loss of ~$26.68M worth of #crypto . The stolen funds mainly outflowed from #Ethereum & #BNBChain⚡️ .
The hacker has already swapped most of the stolen assets for ~4,526 $ETH & 7,864.7 $BNB .
Check the details of stolen assets here:

𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬, 𝟮𝟬𝟮𝟰

⚡️ JUST IN : 50,000,000 #USDC transferred from USDC💰 Treasury to #Coinbase .

⚡️JUST IN : US Robert F. Kennedy Jr. says "#bitcoin💰 mining is a powerful new tool for supporting renewable-intensive grids."

JUST IN: US Judge Failla Reschedules Pretrial Conference in SEC vs. Coinbase to March 2025.

🚨🚨 JUST IN : #BingX Exchange Hacked.
The chief product officer of BingX confirms asset loss and suspension of withdrawals for security inspection.

🚨Just in: The #BingX exchange has been hacked, and over 💲26 million in 360 altcoins have been stolen.

➡️The attackers then converted the stolen assets into $ETH and $BNB

#Crypto #exploit #ethereum

So, it is my request to all dear brothers, that avoid BingX Platform. as it is supporting scam coins. #Binance is the best and secure platform for trading. Avoid #BingX and #Monorix project.

Invest your money wisely in these stable coins$BTC $BNB $ETH .

🚨 #BingX Exchange Hacked: $43M Lost!

🥷On September 20, hackers breached the hot wallet of crypto #exchange BingX, leading to potential losses exceeding $43 million.

🕵️‍♂️ Analysts from PeckShield report that the majority of stolen funds were drained from Ethereum and #BNBChain⚡️ networks, impacting others like Arbitrum, Polygon, and Avalanche.

👀 In total, the attackers stole 5,300 $ETH , 4,100 $BNB , and 1.65 million MATIC. Withdrawals have been halted, and users are urged to revoke approvals for active smart contracts to prevent further losses.

BingX reassures users that most assets are stored in cold wallets, with only a minimal amount in hot wallets. The exchange plans to resume withdrawals within 24 hours and is developing a compensation strategy for affected users.🤔
#DODOEmpowersMemeIssuance #CATIonBinance

Breaking 🚨
#BingX exchange has been hacked.
💰 360 #altcoins worth over $26 million have been stolen and swapped for $ETH and $BNB

🚨 #BingX Hack Alert! 🚨A group of hackers just drained over $27M worth of crypto assets from BingX! 🤯 They're now swapping the stolen funds for $ETH . 🔄

The BingX Web platform is currently under maintenance while they try to figure out what happened. 🛠️ Withdrawals and other services are on pause for now. 🚫

Stay tuned for updates and be extra careful with your crypto! DYOR! ⚠️ #HackerNews #security #Scam

Source; SpotOnChain

🔥 BingX Crypto Exchange Hack Alert! 🔥

BingX detected suspicious activity at 4 AM Singapore time, targeting their hot wallet. Withdrawals are paused as part of the emergency response plan, and a minor asset loss has been confirmed. Stay safe, crypto fam!

#CryptoNews #BingXHack #BlockchainSecurity #BingX

Here’s what happened in crypto today!⏰

° Long-dormant wallets from 2009, likely belonging to early #Bitcoin miners, recently moved their funds after years of inactivity.

° #BingX confirms losses amid hot wallet movement panic.

° #SEC asks for extension in Coinbase case.

$BTC $CATI $FIO
#CATIonBinance

MemeCoins are very Bullish
So join
#Bitget
#BingX
#Mexc
#Getio

If you can trade in MemeCoins
so have to join these Exchanges

#IOprediction