Tag: Wallet Hack
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BigONE Exchange Loses $27M in Hot Wallet Hack
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Crypto exchange BigONE has confirmed a major security breach resulting in the loss of around $27 million worth of digital assets. The attack, discovered on July 16, targeted the exchange’s hot wallet infrastructure, a system used for storing cryptocurrencies that are actively in use for transactions. According to BigONE, its real-time monitoring system flagged unusual…