A sophisticated supply chain attack on Seychelles-based crypto exchange BigONE led to a $27 million theft from hot wallets, without exposing private keys.
This week in crypto saw major regulatory developments with Donald Trump signing the GENIUS Act amid discussions of an executive order to allow crypto in 401(k) plans. Security concerns resurfaced with BigONE’s $27M hack, Arcadia’s $3.5M exploit, and...
Key Takeaways: Crypto exchange BigONE suffered a $27 million loss in a targeted supply chain attack on July 16. Hacker bypassed private keys by compromising the production environment, modifying risk
The post 27M Vanishes in BigONE Hack but That’s...
BigONE has suffered a devastating security breach, with hackers managing to drain over $27 million in assets within just minutes. The attackers moved quickly, executing cross-chain swaps across four major blockchains, leaving users in shock and...
Crypto exchange BigONE has confirmed a $27 million hot wallet hack caused by a third-party supply chain attack, pledging full reimbursement to users and activating internal reserves for recovery.
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 confirmed that the...
The BigONE exchange didn’t just fall victim to a hack, but has also been accused of processing illegal funds.
The post BigONE Exchange Hacked for $27M and Accused of Processing Scams appeared first on Coinspeaker.
BigONE is working with blockchain security firm SlowMist to track the stolen assets, with fund tracing already underway across Bitcoin, Ethereum, Tron, Solana, and BNB Chain.
BigONE exchange suffers a $27 million hack, sparking controversy over its previous involvement in scams. Investigators are tracking the stolen assets as they move across various blockchains.
The post BigONE Loses $27 Million in Hack Amid Accusations...
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