BigONE, a crypto exchange, has been hacked, stealing over $27 million in digital assets. Lookonchain reports the hacker made off with Bitcoin (BTC), Ethereum (ETH), TRON (TRX), and Solana (SOL).

hodl-post-image
Source: Giphy

Let’s break it down: The hacker’s wallets now hold 120 BTC worth $14.15 million, 23.3 million TRX ($7 million), 1,272 ETH ($4 million), and 2,625 SOL ($428,000). Not too shabby, right?


The drama unfolded just minutes before Certik Alerts flagged the outflows of large tokens from BigONE. The hacker didn’t waste time and now holds around $4 million worth of ETH, just two hours ago.


Blockchain security firm SlowMist confirmed that the breach was caused by a supply chain attack, where the attacker tampered with server logic related to account and risk control, leading to unauthorized withdrawals. No private keys were leaked, but the security firms have already traced the attacker’s address.

Here’s the juicy part:

Ethereum & BSC: 0x9Bf7a4dDcA405929dba1FBB136F764F5892A8a7a

Solana: HSr1FNv266zCnVtUdZhfYrhgWx1a4LNEpMPDymQzPg4R

Bitcoin: bc1qwxm53zya6cuflxhcxy84t4c4wrmgrwqzd07jxm

Tron: TKKGH8bwmEEvyp3QkzDCbK61EwCHXdo17c

Now, here’s where things get spicy. Blockchain investigator ZachXBT, who’s no stranger to these kinds of scams, didn’t hold back in his commentary. He called out BigONE for previously processing “a good bit of volume” tied to pig butchering, romance, and investment scams. Ouch. Looks like the hacker wasn’t the only bad actor here.

hodl-post-image
Source: Giphy

This latest breach comes after the infamous Bybit hack and the recent Nobitex security failure. Is anyone else starting to wonder just how secure these platforms really are?

BigONE Promises to Cover All Losses

While the hacker tries to move stolen assets across various chains and exchanges, BigONE has pledged to cover the losses using its own reserves. The exchange has temporarily suspended trading and deposits to prevent further damage.

Rest assured, BigONE says it will keep the community updated with full transparency on the investigation’s progress and handling. Be prepared for a bumpy ride.

Lazarus Group’s Clumsy Phishing Attack Blocked by BitMEX | HODL FM
The notorious Lazarus Group just tried to pull a fast one on BitMEX,…
hodl-post-image

Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource, and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require adviceHODL FM strongly recommends contacting a qualified industry professional.