BingX confirms ‘minor’ losses amid panic over hot wallet movements
Crypto exchange BingX’s product chief Vivien Lin has confirmed a hack and a “minor asset loss,” which is still being calculated.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange BingX’s product chief Vivien Lin has confirmed a hack and a “minor asset loss,” which is still being calculated.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CoinDCX Acknowledges Wallet-Sweeping Losses After Denying New Breach
The exchange says affected deposits were credited, but has not disclosed the size of its losses.... Read the full story at The Def...
Old wallet addresses trap CoinDCX users, triggering potential losses
The exchange says a failed deposit-sweeping process caused losses it absorbed, while ZachXBT's $15.8 million allegation remains un...
Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion
About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct. 23, the largest daily withdrawal in more t...
Phantom Starts a Staged US Launch of In-Wallet Prediction Markets
US users of Phantom can now trade prediction markets in the wallet, under a staged launch that began Friday and runs through Kalsh...
Bybit Wins Dubai VARA Approval For Spot Crypto Exchange Services
TL;DR: Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; deri...
Swell Freezes swETH and rswETH Withdrawals Until It Corrects Their Exchange Rates
Holders of Swell‘s swETH and rswETH cannot deposit or withdraw through the protocol after the team said at 2:39 a.m. ET Friday it...