BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets.
According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin (USDT), Circle’s US dollar stablecoin (USDC), Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and Solana (SOL) will resume first followed by withdrawal services for other tokens and digital assets over the next two weeks.
The exchange notified customers that deposit services would likewise resume in the next several weeks and told clients that withdrawal requests submitted before the disruption of withdrawal services have been canceled and must be resubmitted.
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Author: Vince Quill
