News with the tag "bingx hack"

The Singapore-based crypto exchange says the new security initiative dubbed “ShieldX” will help prevent future exploits and better safeguard user assets.

BingX exchange has fully restored its operations following a significant hack in September that resulted in the theft of over $43 million in various cryptocurrencies. All the deposit and withdrawal services have been restored and the company has assured its clients that their funds are safe. In orde...

Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

BingX has confirmed a "minor asset loss" following suspicious outflows from one of its hot wallets, sparking concerns of a potential hack. The post BingX Confirms Minor Losses Amid Hot Wallet Breach, Assures Users of Safety appeared first on TheCoinrise.com .

In the latest cryptocurrency hack news, the BingX exchange has lost more than $43 million in a major theft leading to losses of investors’ altcoins, particularly stablecoins. Reportedly, the hacker swapped most of the stolen funds into ETH and BNB after the exchange breach. BingX News: 396 Altcoins ...