BigONE

Seychelles-based BigONE exchange suffered a $27 million hot wallet hack affecting Bitcoin, Ethereum, USDT, SOL, and XIN. The platform has suspended deposits and trading, assuring users that cold storage and private keys remain secure. BigONE pledges to cover all losses in full using internal reserves and borrowed funds to maintain liquidity.

BigONE, a Seychelles-based cryptocurrency exchange, experienced a $27 million hack targeting its hot wallet. The platform assures users that private keys and cold storage remain safe, and will fully cover losses while enhancing security measures.

BigONE cryptocurrency exchange experienced a $27 million hack affecting its hot wallet. Despite the breach, private keys and cold storage remained safe. The company is covering losses and enhancing security, working with SlowMist to recover assets. This incident highlights the ongoing challenges in crypto security.

BigONE exchange experienced a $27 million hack targeting its hot wallet, affecting assets like Bitcoin and Ethereum. The platform pledges full reimbursement and has paused trading and withdrawals for security enhancements.