Hackers Steal $27 Million from BigONE Exchange Without Ever Touching a Private Key
2025-07-16 12:21:14
Main Idea
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.
Key Points
1. BigONE Exchange reported a $27 million loss from a supply chain attack that compromised its hot wallet without exposing private keys.
2. The breach was contained, and the exchange partnered with blockchain security firms to track and prevent further losses.
3. Stolen assets included Bitcoin, Ethereum, Tether, Solana, Dogecoin, and various ERC-20 tokens across multiple blockchain networks.
4. BigONE assured users that their assets would be fully compensated from the exchange's reserves, which include major cryptocurrencies like BTC, ETH, and USDT.
5. The exchange is working on restoring full platform functionality with enhanced security measures.
Description
BigONE Exchange confirms a $27 million crypto theft through backend server manipulation. No private keys were leaked during the breach; security reserves will cover user losses. SlowMist and PeckShield are assisting in tracking stolen funds and monitoring wallets. The global crypto exchange BigONE reported a $27 million loss on July 16 after a targeted supply chain attack compromised its hot wallet systems. The exchange has assured its users that all stolen assets will be reimbursed and confirme...
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