Vivien Lin, Chief Product Officer of BingX, posted on the X platform: “Around 4 a.m., the technical team detected abnormal network access and suspected that the BingX hot wallet was attacked by hackers. The emergency plan was immediately launched, including emergency transfer of assets and suspension of withdrawals. A small amount of assets have been lost, but the amount is not large and is still being counted.

In order to protect user assets, we adopt a hierarchical management system, with most assets stored in cold wallets and only a very small amount of assets stored in hot wallets for withdrawal. To ensure safety, we are conducting emergency inspections and strengthening wallet services, and temporarily suspending withdrawals. We apologize for the inconvenience caused to you. Withdrawals will be resumed within 24 hours at the latest. ” #crypto2023A