BingX ‘minor’ loss in suspected hack climbs to $52M
BingX claimed withdrawals and deposits will be restored within 24 hours.
Singapore-based cryptocurrency exchange BingX’s estimated loss from a suspected hack on Sept. 20 has surpassed $52 million, double the earlier reported $26 million.
In earlier reports, blockchain security firm PeckShield identified one Ethereum wallet linked to the attack, which received $26.7 million in assets from BingX.
The total loss climbed after further investigations revealed substantial damages across multiple blockchain networks.
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Author: Yohan Yun
