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