US EditionCrypto Exchange BigONE Confirms $27M Hack, Vows Full User Compensation
16 Articles
16 Articles
BigONE crypto exchange suffers $27m cyber attack
Seychelles-based cryptocurrency exchange, BigONE has suffered a cyber attack that claimed about $27 million. The exchange confirmed the attack on Wednesday through its official page on X. In the statement, the cryptocurrency exchange said it discovered the breach through real-time monitoring alerts that pointed to irregular asset movement. As revealed, the stolen assets include 120 BTC, 350 ETH, 8.4 million USDT across various chains, 1,800 SOL…
The hacking of BigONE raises the losses in cryptocurrencies by hacks, scams and farms to USD$3 billion so far this year, according to previous estimates. BigONE has pledged to compensate its users. *** BigONE confirms losses of USD$27 million per hack to its hot wallet. The exchange promised to compensate its users and is investigating. Losses for hacks, scams and exploits are already rising to USD$3 billion in 2025. The global exchange of crypt…
Key points of the BigONE News, a well-known crypto exchange, confirmed the theft of 27 million dollars after an attack that violated its network of hot wallets. Still, private keys remain intact and BigONE will fully compensate affected users. Security experts point to failures in server management, but highlight the robustness of decentralized technology and the importance of strengthening the security of centralized platforms. The BigONE crypt…
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