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 attackerâs 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.
