BigONE: The system is gradually recovering, and the deposit and trading services will be restarted within a few hours

On July 16, according to BigONE’s announcement, some assets on the BigONE platform were abnormally transferred early this morning, which was confirmed to be caused by a third-party attack on the hot wallet. The platform has locked the attack path and contained the risk, with an estimated loss of approximately US$ 27 million. The system is currently recovering gradually, and the recharge and trading services will be restarted within a few hours, and the withdrawal function will be restored after security reinforcement. BigONE promises to use its own security reserves to fully compensate users for their losses, and user assets will not be substantially affected. Affected assets include $BTC, $ETH, $USDT, $SOL, XIN, etc. The platform is replenishing the funding pool through internal reserves and external lending mechanisms, and promises to continue to disclose subsequent progress transparently. [PANews]