PANews, July 16 - According to a BigONE announcement, early this morning, some assets on the BigONE platform experienced abnormal transfers, confirmed to be caused by a third-party attack on the hot wallet. The platform has locked down the attack path and mitigated the risk, with estimated losses of about $27 million. The system is gradually recovering, and deposit and trading services will restart within a few hours, while the withdrawal function will resume after security enhancements. BigONE promises to use its own security reserves to fully compensate users for their losses, and users' assets will not be substantially affected. Affected assets include BTC, ETH, USDT, SOL, XIN, and the platform is supplementing the capital pool through internal reserves and external borrowing mechanisms, committing to continuously and transparently disclose subsequent developments.
