BigONE's announcement confirmed that the platform suffered a third-party attack on its hot wallet in the early hours of July 16, with preliminary estimated losses of approximately $27.000 million. All private keys were not leaked, and the attack path has been identified and blocked. BigONE stated that it has activated internal security reserve pools such as $BTC, $ETH, $USDT, $SOL, and XIN to replenish user funds, and will use external liquidity to replenish other mainstream and non-mainstream assets. The platform will fully bear the user losses caused by this incident, and has now launched a tracking effort with SlowMist. Deposit and trading functions are expected to resume within a few hours, and withdrawals will be restarted after security is strengthened. [Wu Blockchain]