Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
We'll remind everyone nonstop about this. I think that with every exchange's hacking incident, some are hiding the actual situation and they are not transparent with what actually happened to their hot/cold wallets. Whilst for BingX, they have mentioned that they'll do the SAFU for their customers that have been part of the lost fund. I'll give them that because that's what I have noticed for every news that we see about exchange's being hacked. They'll mostly denying that the customers funds are safe and untouched. 
Topic: BingX has been hacked beware (Read 114 times)
BingX was one of the popular exchanges for non-Kyc users. However, centralised exchange could be hacked anytime, and we have seen even Binance hacked a couple of times. But we just want to make sure users funds shouldn't be affected anyway. I am not a BingX regular user. But I think I have a shitcoin there, and the amount is too small. Nevermind, even if I don't get it back. But users funds should be safe. Keeping funds in a centralised exchange has become quite hard lately because of frozen accounts and hacking issues. Centralised exchange won't be trusted anyway.
Not surprising. I expect almost all centralized exchanges to get "hacked" at one point. But given the amount of money these exchanges hold. It wouldn't be surprising if the "hacks" were orchestrated by insiders or their very own employees.
I used to love exchange graveyard, but they have since then reduced the frequency of updating defunct exchanges.
I used to love exchange graveyard, but they have since then reduced the frequency of updating defunct exchanges.
Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
There are also people who can't completely stay without leaving a penny in an exchange due to the kind of trade they are involved in; there is always an active open order that is yet to execute due to the price limit.
Since their is a suspicious account, they should try and investigate more and rectify the issue then refund people money so that they can gain back their trust from their customers.
No one should be trusting an exchange. Bitcoin was designed to not require user trust in centralized services like exchanges. Keep your funds in a wallet you hold the keys too. Use exchanges to trade and never have funds stored there beyond the duration of the trade.
- Jay -
Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
I think last week I came across this thread https://bitcointalksearch.org/topic/m.64519321And the thread talked about an Indonesian exchange (indodex exchange) that was hacked and people (both trader and investors) lost their coins based on this same hack issue.
However, this is another warning that no CEX is safe anymore. And we shouldn't keep money (coins) on CEX because they are not safe, CEX can easily be compromise.
Quote
Suspicious wallets sending all kinds of crypto to Kyberswap is :
0xF7e8033366166f92eb477B7B38e0D47d47b43326
0x940362B46faf7DF48Af1c8989d809F50466B5fCA
0x719981cf7D1a1dC681a1cf0C6B1eeeE090D0FEd6
https://etherscan.io/address/0xf7e8033366166f92eb477b7b38e0d47d47b43326
Since their is a suspicious account, they should try and investigate more and rectify the issue then refund people money so that they can gain back their trust from their customers. 0xF7e8033366166f92eb477B7B38e0D47d47b43326
0x940362B46faf7DF48Af1c8989d809F50466B5fCA
0x719981cf7D1a1dC681a1cf0C6B1eeeE090D0FEd6
https://etherscan.io/address/0xf7e8033366166f92eb477b7b38e0d47d47b43326
Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
Just now the exchange BingX was hacked and been reported by BingX.
Some exchanges continue their operations after one or several hacks, do compensations to their users while some other exchanges die shortly after a hack or some hacks and some exchanges use hacks as reasons to shut down their platforms and disappear. They can use hack as a main reason for their exchange closure and it can be used as a reason for a scam exit too.Exchange graveyard
Hacked Exchanges since 2011, last update in 2021. Many exchanges were hacked since 2021.
Reports on cryptocurrency exchange hacks.
As users, we have to secure our funds and avoid storing funds directly on centralized exchanges.
Move the thread to Exchanges board or lock it because there is another thread about BingX hack.
https://bitcointalksearch.org/topic/bingx-exchange-is-hacked-loss-26m-5509763
It is an exchange that was hacked which makes this to belong to exchanges. Create topics like this on exchange board next time, not beginners and help.
You first brought this to forum but another user later created another thread on exchange board about it. It might not have happened if you posted this on the right board.
We should not leave coins on exchanges is the best approach about exchange hack. Exchange hack occurs frequently. It was just 9 days ago when Indodax was hacked, not BingX. WazirX is still finding it difficult to recover after it was hacked 60 days ago.
You first brought this to forum but another user later created another thread on exchange board about it. It might not have happened if you posted this on the right board.
We should not leave coins on exchanges is the best approach about exchange hack. Exchange hack occurs frequently. It was just 9 days ago when Indodax was hacked, not BingX. WazirX is still finding it difficult to recover after it was hacked 60 days ago.
Just now the exchange BingX was hacked and been reported by BingX.
Its quite a huge scene now on X a lot of post regarding BingX and some users reported their funds are now locked until the matter has been solved. One of my friend got $1.5k balance has been frozed for now and waiting for opening of withdrawals.
Suspicious wallets of the hackers.
Sources:
https://x.com/martypartymusic/status/1836927892187394063?t=Xf4OSgcOKncfTkY8CC0kWw&s=19
https://x.com/BingXOfficial/status/1836951737317609534?t=GjOot8ITccwoqROpCRqcag&s=19
Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
Quote
🚨 Security Update 🚨
At 4 AM (SGT) on Sept 20, our team detected abnormal access to the BingX hot wallet, suspecting a hacker attack. We immediately initiated an emergency response, including asset transfers and pausing withdrawals.
🔒 Only minor losses so far, and we’ve got it covered. Most assets are safe in cold wallets, with only a small portion affected in the hot wallet.
To protect user funds, we’re extending recharge & withdrawal times while reinforcing security. Coins will be processed within 24 hours. We’re sorry for the inconvenience and appreciate your understanding! 🙏
At 4 AM (SGT) on Sept 20, our team detected abnormal access to the BingX hot wallet, suspecting a hacker attack. We immediately initiated an emergency response, including asset transfers and pausing withdrawals.
🔒 Only minor losses so far, and we’ve got it covered. Most assets are safe in cold wallets, with only a small portion affected in the hot wallet.
To protect user funds, we’re extending recharge & withdrawal times while reinforcing security. Coins will be processed within 24 hours. We’re sorry for the inconvenience and appreciate your understanding! 🙏
Its quite a huge scene now on X a lot of post regarding BingX and some users reported their funds are now locked until the matter has been solved. One of my friend got $1.5k balance has been frozed for now and waiting for opening of withdrawals.
Suspicious wallets of the hackers.
Quote
Suspicious wallets sending all kinds of crypto to Kyberswap is :
0xF7e8033366166f92eb477B7B38e0D47d47b43326
0x940362B46faf7DF48Af1c8989d809F50466B5fCA
0x719981cf7D1a1dC681a1cf0C6B1eeeE090D0FEd6
https://etherscan.io/address/0xf7e8033366166f92eb477b7b38e0d47d47b43326
0xF7e8033366166f92eb477B7B38e0D47d47b43326
0x940362B46faf7DF48Af1c8989d809F50466B5fCA
0x719981cf7D1a1dC681a1cf0C6B1eeeE090D0FEd6
https://etherscan.io/address/0xf7e8033366166f92eb477b7b38e0d47d47b43326
Sources:
https://x.com/martypartymusic/status/1836927892187394063?t=Xf4OSgcOKncfTkY8CC0kWw&s=19
https://x.com/BingXOfficial/status/1836951737317609534?t=GjOot8ITccwoqROpCRqcag&s=19
Beware everyone. As always remember the tagline "not your keys not your coin" so put out only few funds on your cex accounts.
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