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Hackers stole over $44 million from Asian crypto platform BingX

  • Cybercriminals stole more than $44 million worth of cryptocurrency from the Singaporean crypto platform BingX.
  • BingX reported a cyberattack on Friday after discovering unauthorized transfers of funds.
  • The incident targeted BingX's hot wallet, but measures were taken to secure assets and withdrawals were temporarily suspended.
  • Blockchain security firm SlowMist assisted in the investigation, revealing that hackers stole over $47 million worth of crypto.

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