According to security firm SlowMist, cryptocurrency exchange BigONE lost a total of $27 million following a third-party attack targeting its hot wallet.
The trading platform, which offers access to more than 180 cryptocurrencies, detected "abnormal movements" involving some of its assets earlier today.
The list of affected cryptocurrencies includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as Dogecoin (DOGE) and Shiba Inu (SHIB), the two most popular meme coins.
The exchange claims that the attack path has already been "contained" to prevent further losses.
BigONE claims that it will cover all losses following the incident while also activating its internal security reserves.
The exchange has collaborated with SlowMist in order to track down the funds stolen as a result of the attack.
The most notable crypto hacks of 2025
In February, as reported by U.Today, major cryptocurrency exchange Bybit suffered a whopping $1.5 billion hack. The FBI later determined that North Korea was behind the massive security breach.
Phemex’s hot wallets were also drained of a total of $85 million in hot wallets across multiple blockchains in January.
Some other notable crypto hacks of 2025 include Cetus Protocol ($225 million), Infini ($49 million), and Moby ($2.5 million).
The Bybit and Cetus hacks so far account for the vast majority of crypto losses related to hacking incidents this year.
Vladislav Sopov
U.Today Editorial Team