Cyvers Alerts: BingX hacker attack losses exceed $52 million

According to Cyvers Alerts, as of 13:44 today, the estimated losses caused by the hacking of the crypto exchange BingX have exceeded $52 million. Vesper Lin, BingX's chief product officer, said in a statement: "All user losses caused by this hacking attack will be fully borne by BingX's own funds." It is reported that the security company has helped freeze about $1 million of the stolen funds. BingX is still calculating its total losses.