BingX ‘minor’ loss in suspected hack climbs to $52M
BingX claimed withdrawals and deposits will be restored within 24 hours.
Singapore-based cryptocurrency exchange BingX’s estimated loss from a suspected hack on Sept. 20 has surpassed $52 million, double the earlier reported $26 million.
In earlier reports, blockchain security firm PeckShield identified one Ethereum wallet linked to the attack, which received $26.7 million in assets from BingX.
The total loss climbed after further investigations revealed substantial damages across multiple blockchain networks.
BingX claimed withdrawals and deposits will be restored within 24 hours.
Singapore-based cryptocurrency exchange BingX’s estimated loss from a suspected hack on Sept. 20 has surpassed $52 million, double the earlier reported $26 million.In earlier reports, blockchain security firm PeckShield identified one Ethereum wallet linked to the attack, which received $26.7 million in assets from BingX. The total loss climbed after further investigations revealed substantial damages across multiple blockchain networks.Read more