A new cyber attack hit the crypto market. Token worth over $ 27 million were stolen by the centralized crypto touring Bigone, mainly in the form of Shib, Doge and Sol. The cybersecurity company Slowmist confirmedthat the incident is due to a weak point in a supply chain. It is one of the largest crypto hacks 2025.
Slowmist ti alert
The exchange @BigONEexchange was exploited due to a supply chain attack and loss exceeds $27 million. The production network was compromised, and the operating logic of account and risk control related servers was modified, enabling the attacker to withdraw… pic.twitter.com/GkxlNIUs6A
— SlowMist (@SlowMist_Team) July 16, 2025
Slow manure found that the attackers manipulated the logic of the risk control servers and the logic of the account server so that withdrawals were possible without private keys. It is not a typical “wallet hack”, but a manipulation of the server and network infrastructure. The blockchains of Bitcoin, Solana, Ethereum and Tron are particularly affected.
Bigone discovered suspicious activities this morning immediately took measures to contain the incident. While the broken down figures of the stolen tokens have not yet been published, it was confirmed that BTC, ETH, Sol, Doge and Shib are among the affected cryptos.
The extent of this hack makes Bigone one of the largest cyber attack destinations of the year. In early 2025, Bybit lost the record amount of $ 1.5 billion through a hack, which was later attributed to North Korea as the author, according to the FBI. Last January, the Phemex stock exchange reported $ 85 million from a hot wallet, and Cetus Protocol suffered a loss of $ 225 million from Hacker this year.
Although the total amount that has been stolen by Bigone is lower, the event is remarkable due to the type of exploit used and the spread of incidents in several blockchain networks. The situation shows that hot wallets are still a common goal for criminals despite the ongoing improvement in platform security.
Bigone announced that the losses of customers are covered by the internal security reserve fund. The platform also confirmed the ongoing collaboration with Slow manure to monitor the river of the affected tokens. The wallets associated with the theft have already been identified, but no details about the attacker have been announced.
It was confirmed that the burglar channel is closed and no other non -authorized transactions are to be expected. Since the stock exchange supports over 180 cryptocurrencies, it recommends that the users use the official channels until the examinations have been completed.
The hack is the focus of the risks of centralized stock exchanges and hot wallets. Due to the large wealth pools and centralized networks, exchanges such as Bigone themselves are of great value, which causes others to re -evaluate the dependency and security.
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