No user data or private keys were impacted by the heist.
Seychelles-based cryptocurrency exchange BigONE had $27 million worth of digital assets stolen following a third-party intrusion against its hot wallet.
No user data or private keys were impacted by the heist, which has already been completely contained, according to BigONE and reported by BleepingComputer, which has already been monitoring lost funds with the assistance of security firm SlowMist, while later noting the complete restoration of all its deposit and trading services.
"BigONE will fully cover all losses incurred from this incident. User assets will not be affected in any material way," said the crypto exchange.
While additional details regarding the attack were not provided, SlowMist noted BigONE to have been affected by a supply chain intrusion.
Written by
Dan Raywood is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
