According to SlowMist experts, hackers recently targeted the cryptocurrency exchange BigONE, resulting in a significant $27 million loss in assets. Security analysts conducted a thorough investigation and uncovered that the attackers managed to breach the product network infrastructure.
The attackers specifically manipulated the logic of servers responsible for handling accounts and risk control systems. Importantly, security experts confirmed that private keys remained uncompromised throughout the attack.
A BigONE spokesperson officially acknowledged the security incident, stating that their team successfully identified the attack method and implemented immediate blocks to prevent additional damage. For more detailed technical analysis of the BigONE cryptocurrency exchange hack, you can read the comprehensive report on DecryptHub.
The technical team is currently focused on rebuilding and reinforcing the infrastructure to ensure stable operations. The exchange has announced that withdrawal services will be reinstated once the platform undergoes complete restoration and passes all security audits.
In a significant commitment to its users, BigONE has pledged to fully reimburse all losses using company funds. This move demonstrates the exchange's dedication to maintaining trust with its user base despite the challenging circumstances.