BingX resumed withdrawals after a $52 million hack, using cold wallet security. $10 million in stolen funds were frozen, ensuring user safety.

BingX is currently collaborating with leading blockchain security firms, to investigate the breach and recover the stolen funds. The company has confirmed that withdrawal services for key digital assets have been restored,

BingX was the victim of a hack for more than $43 million. The firms' chief product officer said on X that the assets stolen were minor and any customer losses would be compensated. Crypto exchange BingX has been hacked for a "minor" amount of assets and the exchange plans to compensate users for any loss,

Leading Singapore-based cryptocurrency exchange BingX witnessed a hack attack on its hot wallet, leading to significant fund loss.

Singapore-based crypto exchange BingX has been hacked for approximately $43 million, forcing the platform to suspend withdrawals as it investigates the attack. Security analysts from PeckShield say that the funds were drained in multiple tranches.

Crypto exchange BingX has reported a potential security breach affecting its hot wallet. The incident has pushed the exchange to implement its emergency response protocols. Vivien Lin, Chief Product Officer at BingX,