Bitcoinist - Hackers stole $43 million from BingX, a cryptocurrency exchange, highlighting the security risks of centralized exchanges

https://bitcoinist.com/bingx-crypto-exchange-falls-victim-to-major-hack/

Hackers stole nearly $43 million from cryptocurrency exchange BingX in a major security breach.

This highlights the risk of keeping funds on centralized exchanges, and emphasizes the importance of user vigilance.

While BingX promises to compensate users, the incident raises concerns about transparency in reporting such attacks.

Users should be cautious about where they store their crypto and consider the security practices of any exchange they use.

Beware of crypto exchange hacks!!