Butterfly Protocol News

Bilaxy Exchange Hack: As most know, the Bilaxy Exchange, https://bilaxy.com/ was hacked on August 28, resulting in a massive drain from their hot wallet with hundreds of millions in potential losses to Bilaxy account holders. 109,811 BFLY were stolen in this hack and almost immediately swapped on Uniswap, resulting in a dip in the price of BFLY. Thankfully, it was not a much larger amount but it shows that there are vulnerabilities in our world that continually need to be secured. We don't advise on how people trade so be safe out there.

Bilaxy

Bilaxy | Cryptocurrency Exchange | Bitcoin Exchange

BILAXY - The World's Leading Crypto Asset Trading Platform

www.tgoop.com/bproto/279

4.2K viewsAug 31, 2021 at 12:35

Bilaxy Exchange Hack: As most know, the Bilaxy Exchange, https://bilaxy.com/ was hacked on August 28, resulting in a massive drain from their hot wallet with hundreds of millions in potential losses to Bilaxy account holders. 109,811 BFLY were stolen in this hack and almost immediately swapped on Uniswap, resulting in a dip in the price of BFLY. Thankfully, it was not a much larger amount but it shows that there are vulnerabilities in our world that continually need to be secured. We don't advise on how people trade so be safe out there.

BY Butterfly Protocol News