Cryptocurrency exchange “Bilaxy” hacked and users urged not to deposit on the platform
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Answer Cryptocurrency exchange “Bilaxy” hacked and users urged not to deposit on the platform
Bilaxy, a Seychelles-based cryptocurrency exchange, reported earlier today, August 29, that some of its digital wallets were hacked.
While the platform has not confirmed the amount of the stolen amount yet, some estimates indicate that the stolen money may amount to about 450 million dollars in various cryptocurrencies.
The official Telegram channel of “Bilaxy” has seen several updates today indicating that the platform has temporarily suspended its services due to maintenance.
A few hours later, the platform took the matter to Twitter to announce an urgent notice regarding the hack.
⚠️⚠️ Highest Urgent Notice – Bilaxy Hacking
Please note that your Bilaxy Hot wallet has been hacked, ❌pls don’t send any money to your bilaxy accounts again. We are racing against time to check and determine. Please wait for further notice.
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thanks for your support.
Bilaxi team– Bilaxy (@Bilaxy_exchange) August 29, 2021
The tweet reported that the company’s hot wallet had been hacked and advised customers to refrain from sending any money to their wallets on the platform.
Since then, little or no information has been provided by the platform, with only brief updates on Telegram stating that the team is working on the issue and that users should not worry.
Currently, the trading platform “Bilaxy” has not provided the exact amount that the hackers managed to steal.
The platform’s website is still down as of this writing.
There are already several addresses that have been linked to the hack, including the one referenced in Link.
stated HogeFinance says all HOGE coins stored on Bilaxy have already been sent to another wallet.
Knowing that the value of these digital currencies has a value of just under $22 million.
Other estimates in Telegram indicate that the total amount stolen from the platform is estimated to be worth more than $400 million.
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However, there is still no official confirmation about this.
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