Cryptocurrency exchange BingX has experienced a security breach in which a small amount of assets were stolen.
However, the CEO of the exchange has assured users that they will be compensated for any losses incurred.
According to on-chain data, it appears that approximately $43 million was taken in various currencies, including $13.25 million in ether, $2.3 million in BNB, and $4.4 million in USDT.
The first attack resulted in a loss of roughly $26 million, followed by another theft of $16.5 million a few hours later.
Despite this, BingX CEO Vivien Lien remains optimistic, stating that the total loss is small and will not impact the exchange’s normal operations. Trading services are still available, but withdrawals and deposits may be temporarily delayed for up to 24 hours.
