Cryptocurrency exchange BigONE confirmed today (16) that its hot wallet was hacked, resulting in assets worth $27 million being stolen, but also emphasized that the losses related to the attack will be fully borne by BigONE, and user assets will not be affected.
BigONE's official statement indicated that this morning it detected abnormal transfers of some assets on the platform. After investigation, it was confirmed that it was a third-party attack, and the platform's hot wallet was compromised. Fortunately, the private key is secure, and the attack path has been identified, so further losses are not expected.
Security Incident: unauthorized access to our hot wallet
All user assets are safe. BigONE will fully bear all the losses. Trading and deposits will resume soon; withdrawals after added security upgrades.
https://t.co/CWCrng2KK8
— BigONE (@BigONEexchange) July 16, 2025
BigONE stated that it has currently cooperated with the security team "SlowMist" to track the hacker's address, with stolen assets including:
120 BTC
350 ETH
9.5 billion SHIB
7.1 million USDT (TRC20, ERC20, BSC, and SOL)
538,000 DOGE
1,800 SOL
1 WBTC
20,730 XIN
15.7 million CELR
25,487 UNI
16,071 LEO
BigONE emphasizes that the platform has activated its own security reserve assets to replenish the user fund pool, covering cryptocurrencies such as BTC, ETH, USDT, SOL, XIN, etc. As for other cryptocurrencies, they will be replenished to the platform wallet as soon as possible through borrowing.
BigONE stated that the platform is currently restoring the system, and it is expected that the recharge and trading functions will reopen within a few hours, while the withdrawal service will be fully reopened after security enhancement work is completed.
BigONE stated in the announcement, "All investigation progress and handling results will remain transparent and updated regularly," and "We deeply apologize for the impact caused by this incident."
This attack incident once again sounds the alarm for the cryptocurrency industry. According to statistics, this year, the cryptocurrency sector has suffered over $2.1 billion in losses due to hacker attacks.
"Hacked and stolen $27 million! Cryptocurrency exchange BigONE promises full compensation" This article was first published on (BlockKe).
