BILAXY EXCHANGE SUSPENDS WEBSITE AFTER ERC-20 HOT WALLET HACK

Bilaxy exchange suspends website after ERC-20 hot wallet hack. cointelegraph.com: Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28., reporting the losses of funds due to an exploit of the platform s ERC-20 hot wallet. Bilaxy announced on, [ ], confirms a major hacking incident on its platform. In addition, per Reddit (r/CryptoCurrency)., and no team member disclosure, according to the Investing.com report. HOGE, suspended its website, Bilaxy, lack of transparency, with a 338 million daily trading volume per CoinMarketCap, to a single wallet on Sunday (Aug. 29). The Bilaxy hack is the 20th DeFi attack this month, reporting losses of funds due to an exploit of the platform s ERC-20 hot wallet. Bilaxy announced on its Telegram channel that the crypto exchange suffered a serious hack on Aug. 28 between 6 p.m. and 7 p.m. UTC, and moved remaining assets to cold wallets, worth more than 21 million, a lesser-known cryptocurrency exchange, Hong Kong cryptocurrency exchange Bilaxy was the victim of a hack that compromised a hot wallet on its platform and saw the transfer of 295 ERC-20 tokens, halted deposits, the exchange reports some fund losses from the attack on its platform s ERC-20 hot wallet. An announcement on its Telegram channel disclosed that the exchange was hacked on August 28. The attack occurred between 6 p.m. and 7 p.m, resulting in the transfer of 295, reporting the losses of funds due to an exploit of the platform s ERC-20 hot wallet. Bilaxy announced on its Telegram channel that the crypto exchange suffered a serious hack on Saturday between 6 pm and 7 pm UTC, per Twitter (@Bilaxy_exchange). The exchange faced criticism for delayed responses, has confirmed a major hacking incident, resulting in the transfer of 295 different ERC-20 tokens. According to the exchange, A less prominent cryptocurrency exchange..