CryptoSafety

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.

The recent kidnapping of the father of a cryptocurrency entrepreneur in Paris underscores the escalating threats faced by individuals tied to the crypto sector. Fortunately, French police rescued the victim following a dramatic raid, but the incident raises serious concerns about safety in the digital asset space.