20 Sep 202410:44
Project update
Singapore-based exchange BingX experienced a hack

Singapore-based exchange BingX experienced a hack

On-chain data suggests nearly $43M was stolen from the exchange in multiple tranches, with $13.25M ether, $2.3M BNB, $4.4M USDT, among other being drained. The firms' CPO said that the assets stolen were minor and any customer losses would be compensated.