BingX Tops Cryptocurrency Hack List with $44M Loss in September 2024

COINOTAG has disclosed that throughout September 2024, a staggering total of more than 20 sophisticated hacker attacks targeted the cryptocurrency sector, culminating in losses of approximately $120.23 million. Notably, this figure excludes $32.4 million in spWETH lost to phishing attempts linked to license signing. The month witnessed significant breaches, with the top 10 hacks enumerated as follows: #BingX: $44 million, #Penpie: $27 million, #Indodax: $21 million, #DeltaPrime: $5.98 million, #Truflation: $5.6 million, #Shezmu: $4.9 million (partially returned), #Onyx: $3.8 million, #BananaGun: $3 million, #Bedrock: $1.75 million, and #CUT: $1.4 million. This alarming escalation in cyber threats underscores the critical need for enhanced security measures and vigilance within the digital asset space.

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