Hackers Exploit BigONE’s Systems, Steal Millions in Bitcoin and Ethereum
A recent cyber attack on crypto exchange BigONE has led to a significant security breach in its hot wallet infrastructure, resulting in a staggering loss of approximately $27 million. The breach was confirmed when the exchange’s real-time monitoring system detected unusual asset movements, attributing the incident to a third-party attack. In response, BigONE has partnered with SlowMist to track the hacker’s wallet addresses and monitor the flow of the stolen funds, comprising 120 BTC, 350 ETH, and over 8 million USDT across multiple networks.
Moreover, GMX, a prominent entity, has offered a 10% white hat bounty as an incentive for the return of the pilfered assets. Astonishingly, the hacker acquiesced to this offer, ultimately pocketing a lucrative sum of around $4.5 million in profit.
