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Market
Will the hacker responsible for the BingX hack be identified by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from law enforcement agencies or credible news sources
Story
BingX Suspected of Hack, $26M in Crypto Assets Stolen from Two Hot Wallets
Sep 20, 2024, 02:12 AM
BingX, a cryptocurrency exchange, is suspected of being hacked, resulting in the loss of approximately $26 million. The stolen assets, which include over 360 altcoins, were transferred to a hacker's address and subsequently swapped for Ethereum (ETH) and Binance Coin (BNB). The incident has caused confusion among users, with BingX initially referring to the event as 'wallet maintenance'. The funds were moved across multiple EVM platforms, and the hacker has already exchanged most of the stolen assets. The attack exploited two hot wallets, transferring a total of 396 tokens worth over $43.3 million.
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Individual hacker identified • 25%
Group of hackers identified • 25%
Hacker(s) remain unidentified • 25%
Other • 25%
Yes • 50%
No • 50%
Identified and Arrested • 25%
Identified but not Arrested • 25%
Not Identified • 25%
Other Outcome • 25%
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No • 50%
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%
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Improved security measures • 25%
Compensation to users • 25%
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Shutdown or major overhaul • 25%