On-chain data suggests nearly $43 million was stolen from the exchange in multiple tranches, with $13.25 million ether, $2.3 million BNB, $4.4 million USDT, among other being drained. The first hack was for approximately $26 million, while a few hours afterward, hackers took an additional $16.5 million from the exchange.

Leading Singapore-based cryptocurrency exchange BingX witnessed a hack attack on its hot wallet, leading to significant fund loss.

Crypto exchange BingX has reported a potential security breach affecting its hot wallet. The incident has pushed the exchange to implement its emergency response protocols. Vivien Lin, Chief Product Officer at BingX,

New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked.

BingX was hacked early Friday, Sept. 20, with $43 million in cryptocurrencies stolen from the exchange’s hot wallet. Hacker stole ETH, BNB, USDT and over 300 other coins and tokens. On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB.

BingX, a major crypto exchange headquartered in Singapore has lost over $43 million following a fresh hacker attack on its

Crypto exchange BingX confirmed a security breach on Friday after detecting multiple "suspicious" outflows from one of its hot wallets.

BingX is currently collaborating with leading blockchain security firms, to investigate the breach and recover the stolen funds. The company has confirmed that withdrawal services for key digital assets have been restored,

Singapore-based crypto exchange BingX has been hacked for approximately $43 million, forcing the platform to suspend withdrawals as it investigates the attack. Security analysts from PeckShield say that the funds were drained in multiple tranches.