Crypto Crime Wave: BigONE’s $27M Heist Adds to Record Year of Hacks

BigONE users can breathe easy—hackers swiped $27 million in digital assets, but private keys and user data are safe. Thanks to reserve funds, customers will be reimbursed. BigONE promises a “no wallet left behind” policy after this hot wallet fiasco. Meanwhile, hackers are busy laundering their loot into Bitcoin, Ether, Solana, and Tron.

Pro Dashboard

Hot Take:

Another day, another crypto heist. BigONE just joined the ranks of the “Oops, we lost millions” club. But fear not, for the company is in full damage control mode, promising to reimburse users faster than you can say “blockchain.” Meanwhile, the thieves are probably sipping piña coladas on a virtual beach, having already laundered their loot into a neat bundle of Bitcoin and Ether. Who needs a nine-to-five when you can just hack a hot wallet?

Key Points:

  • BigONE crypto exchange hacked, losing $27 million in digital assets.
  • User private keys and data remain secure; losses to be reimbursed.
  • Attack was a supply-chain hack targeting the hot wallet.
  • Stolen assets already converted into Bitcoin, Ether, Solana, and Tron.
  • Chainalysis reports record-breaking $2.17 billion in crypto thefts this year.

Membership Required

 You must be a member to access this content.

View Membership Levels
Already a member? Log in here
The Nimble Nerd
Confessional Booth of Our Digital Sins

Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?