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Which entity will be primarily blamed for the BingX security breach in official reports by the end of 2024?
2
Resolution / Starting Odds
BingX internal security team • 25%
Third-party security provider • 25%
Hackers • 25%
Other • 25%
Official announcements from BingX or verified reports from reputable news sources
Story
BingX Exchange Hacked, $26.68M in Crypto Stolen, Including 4,526 ETH and 7,864.7 BNB
Sep 20, 2024, 03:08 AM
BingX, a cryptocurrency exchange, has reportedly been hacked, resulting in the loss of approximately $26 million in various cryptocurrencies. The incident involved the transfer of more than 360 altcoins to a hacker's address, which were then swapped for Ethereum (ETH) and Binance Coin (BNB). The stolen assets included significant amounts of USDT (4.44M), WUSD (1.04M), USDC (608.7K), BTCB (9.38), and ZRO (86,545). The hacker has already exchanged most of the stolen tokens for 4,526 ETH and 7,864.7 BNB across multiple EVM platforms. BingX initially described the situation as 'temporary maintenance,' but the scale of the outflows has raised concerns about the security of the exchange's hot wallets.
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Yes • 50%
No • 50%
Dark Angels • 25%
Insider within Cencora Inc. • 25%
Third-party contractor • 25%
Other • 25%
Improved security measures • 25%
Compensation to users • 25%
No significant changes • 25%
Shutdown or major overhaul • 25%
DuoExchange • 25%
The victim • 25%
Unknown third party • 25%
No clear blame • 25%
AT&T IT Department • 25%
Snowflake • 25%
External Hackers • 25%
Other • 25%
Identified and Arrested • 25%
Identified but not Arrested • 25%
Not Identified • 25%
Other Outcome • 25%
Yes • 50%
No • 50%
Individual hacker identified • 25%
Group of hackers identified • 25%
Hacker(s) remain unidentified • 25%
Other • 25%
Identifies and arrests the hacker • 25%
Identifies but does not arrest the hacker • 25%
Fails to identify the hacker • 25%
Identifies and reaches a settlement with the hacker • 25%
No impact • 25%
Minor impact • 25%
Moderate impact • 25%
Severe impact • 25%