Hacker steals $27 million in BigONE exchange crypto breach

Hacker steals  million in BigONE exchange crypto breach

BigONE experienced a cyberattack resulting in a theft of $27 million in digital assets, but user data and private keys remained secure. The platform’s security team, in partnership with SlowMist, contained the breach and assured full reimbursement for affected users. #BigONE #SlowMist

Keypoints

  • BigONE was targeted by a third-party attack on its hot wallet, resulting in a $27 million theft.
  • The platform confirmed that user private keys and data were unaffected by the breach.
  • All losses caused by the attack will be fully reimbursed from BigONE’s reserves.
  • The attack was identified as a supply-chain attack, and the breach has been contained.
  • Hackers involved in the theft engaged in money laundering, converting stolen assets into various cryptocurrencies.

Read More: https://www.bleepingcomputer.com/news/security/hacker-steals-27-million-in-bigone-exchange-crypto-breach/