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BigOne Exchange Hack: $27M Crypto Heist Exposes Security Flaws

BigOne Exchange Hack: $27M Crypto Heist Exposes Security Flaws

Published:
2025-07-16 10:30:00
20
2

Crypto's latest black eye: BigOne Exchange just got raided for $27M—because apparently 'secure' is a relative term in DeFi.

How it happened: Attackers bypassed security protocols like they were using cheat codes. No fancy jargon needed—someone left the digital vault unlocked.

The fallout: While C-suites scramble to contain the PR disaster, traders are left staring at empty wallets. Pro tip: Cold storage exists for a reason.

The irony? This happened while traditional finance was busy writing 'volatility' think pieces. Guess banks aren't the only ones who can lose money spectacularly.

As reported by the Wu Blockchain, BigOne Exchange, a well-known global crypto platform, has suffered a major security breach. Hackers man... Read More

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