Over $27 Million in Crypto Assets Abnormally Transferred and Converted to ETH on BingX Exchange in the Past 4 Hours
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September 20, 2024
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BingX Exchange Suspected of Being Hacked, Over $27 Million in Crypto Assets Transferred
PANews, September 20 - Spot On Chain monitoring reveals a suspected attack on BingX exchange. Over the past four hours, over $27 million worth of various crypto assets have been abnormally transferred and converted into ETH. Currently, the attacker's address holds 7,172 ETH (approximately $17.58 million) and 11,467 BNB (approximately $6.44 million).
BingX has temporarily suspended withdrawal services and other functions while they conduct maintenance on their platform wallet system.
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