Are there Bing X users here? they've been hacked just recently with a whopping loss of $26M. It may not be that much for big exchanges but $26M is $26M.
I guess that was initial amont as I just saw the news (I was about to create a thread when I saw yours) and article mentioned $43 million loss and who knows, it may even increase.
There's a new article that came out and it said $52M.
BingX ‘minor’ loss in suspected hack climbs to $52MThey said that they're going to compensate for any loss from the users affected by this hack.
No worries, funds are SAFU.
Yeah, it's SAFU and they're playing responsible this incident to their users.
So this hack has happened while Bitcoin breaches $64k again.
I don't think that this will affect bitcoin price whatsoever as BingX is not a major player.
I mean that it happened during the pump of BTC.
cryptoaddictchie created similar thread before you but he posted it on beginners & help which might not let you see that similar thread has been created about BingX hack that occurred recently. I posted this for people to avoid repetition. It would be good if this thread is locked.
BingX has been hacked bewareNoted, I'll lock this thread now and let's continue the discussion there.
And that's the right thing to do as it's customers' funds that are affected and they need to compensate it whether they like it or not.
Great info, I wasnt even aware that this happened since I only store small amounts
As for us users, we shouldn't keep most of our funds in any exchange and this is type of scenario that we're avoiding.