BigONE: Hot Wallet Subjected to Unauthorized Access, Platform Will Fully Bear the Losses From This Incident

BlockBeats News, July 16: Trading platform BigONE issued a statement that its hot wallet experienced unauthorized access. All user assets are safe. BigONE will fully compensate for all losses caused by this incident. Trading and deposit functions will be restored soon, while withdrawals will be enabled after completing a security upgrade.

Earlier reports indicated that, according to SlowMist Labs monitoring, the trading platform BigONE fell victim to a supply chain attack, with over $27 million stolen. The production network was breached, and the attacker altered the operational logic of servers related to accounts and risk control, enabling fund withdrawals without leaking any private keys.