BITPRISMIA
BigONE Exchange suffered a $27 million crypto theft due to a backend server manipulation, with no user assets lost as the exchange pledged full compensation from its reserves.
The BigONE hacker converted $27 million in stolen funds into Bitcoin, Tron, Ethereum, and Solana, highlighting the challenges and implications of tracking stolen crypto assets through on-chain data.
Crypto exchange BigONE confirmed a $27 million hack due to a hot wallet exploit and has vowed to fully compensate affected users while working with security firm SlowMist to track the stolen funds.
BigONE Exchange suffered a supply chain attack resulting in losses exceeding $27 million, but user assets remain safe as the exchange has pledged to cover all losses.
Hackers exploited a vulnerability in Arcadia Finance's Rebalancer contract on the Base blockchain, stealing approximately $2.5 million in cryptocurrency, marking the platform's second major security incident.
ZachXBT tracked $40M in crypto stolen from a $140M fiat theft in Brazil, froze $5M, and criticized Circle for not assisting in the investigation.
A hacker returned $10.49 million in stolen FRAX to GMX in exchange for a $5 million white-hat bounty, while profiting $3 million from swapped ETH, following a re-entrancy exploit on GMX's V1 protocol.
A hacker exploited GMX, a decentralized crypto exchange, stealing $43 million in assets, converted most into 11,700 ETH (~$32M), and retained $10.5M in FRAX, while GMX offered a 10% bounty for the return of the remaining funds.
A significant exploit on the GMX decentralized derivatives trading platform resulted in the theft of approximately $42 million in crypto assets, with $9.6 million moved to the Ethereum blockchain, highlighting ongoing security challenges in DeFi.
Decentralized exchange GMX was hacked for approximately $42 million on July 9, 2025, with the attacker exploiting the GLP liquidity pool; the GMX team offered a 10% bounty for the return of the stolen funds.