Bilaxy Exchange Suffers Security Breach with a Loss of $21 Million

Summary # On August 28, 2021, Bilaxy, a Seychelles-based centralized exchange, experienced a security breach, resulting in a loss of approximately $21 million. The attacker compromised Bilaxy’s hot wallet and transferred roughly 300 tokens, including notable cryptocurrencies such as USDT, USDC, UNI, and Bilaxy Token(BIA), among others. As of August 16, 2023, the attacker still controls various tokens worth roughly $3,628,005. Attackers # The identity of the attackers remains unknown. ...