Bilaxy exchange was hacked, resulting in asset losses exceeding 4 million USD
Currently, the Bilaxy exchange website is also inaccessible and shows that it is under system maintenance.Author: Hu Tao
Today, the Bilaxy exchange announced on Twitter that its hot wallet was hacked, and reminded users not to send any funds to Bilaxy accounts. The team is currently working hard to check and fix the issues. Meanwhile, the Bilaxy exchange website is also inaccessible, displaying that it is under system maintenance.
According to information obtained by ChainCatcher from Etherscan, an address marked as "Bilaxy 2" was attacked by an address already labeled as a hacker around 2:20 AM today. This address has gradually transferred hundreds of assets from the "Bilaxy 2" address, including high-value assets such as ZCN ($244,000), HOT ($197,000), ETH ($178,000), SFI ($160,000), QUICK ($150,000), INJ ($127,000), RSR ($120,000), among others, totaling approximately $4.25 million.
Around 3:52 AM, the Bilaxy exchange detected the hacking activity and began actively transferring assets to other addresses to prevent further theft. Currently, the hacker address has shown no further actions.
It is reported that the Bilaxy exchange was launched in April 2018, focusing on the mid-to-long tail asset market, with over 700 cryptocurrencies listed and an average daily trading volume of about $400 million. The investor is POINT FUND, which has a significant Chinese background.
Previously, on August 20, the Japanese cryptocurrency exchange Liquid announced that it had suffered a hacking attack, with nearly $100 million in crypto assets stolen.
