Hackers break into a well-known cryptocurrency exchange and steal $ 43 million

The cryptocurrency exchange BingX has suffered a powerful hacker attack that stole a significant amount of digital assets. Nevertheless, the exchange’s management claims that the loss is «insignificant» and users will be compensated, CoinDesk writes.

According to BingX CEO Vivien Lien, the incident will not affect the platform’s operation, and trading services continue unchanged. However, due to the attack, deposits and withdrawals have been temporarily delayed and will be restored within 24 hours.

However, blockchain data shows that the total amount of stolen funds is about $ 43 million. The hackers withdrew $ 13.25 million in Ethereum ETH $2,672.09 Bridged Ether (StarkGate) -1.04% Market capitalization $0.2 billion VOL. 24 hours $0.36 billion , $ 2.3 million in Binance Coin BNB $598.20 BNB -1.56% Market capitalization $87.27 billion VOL. 24 hours $0.16 billion , and $ 4.4 million in Tether, as well as more than 360 different types of altcoins in several stages.

The first hack brought the attackers about $ 26 million, and a few hours later another $ 16.5 million was stolen. Most of the cryptocurrencies, according to Etherscan, were exchanged for ETH and BNB through the decentralized exchanges Uniswap and Kyberswap.

As of the time of the news publication, the wallet associated with the attack contains more than 1,000 ETH and tokens worth approximately $ 5 million.

As a reminder, the hackers involved in the hack of the WazirX crypto exchange transferred part of the stolen funds through the anonymous Tornado Cash service. The transfer amounted to more than $ 6.5 million.

The WazirX exchange was hacked on July 18, resulting in the theft of over $ 235 million in various cryptocurrencies. The hacker left part of the funds on different wallets, but gradually began to transfer a significant part through decentralized services.