Exchange Reports: Hot Wallet Unauthorised Access, Platform to Fully Cover Losses

According to Jinse Finance, a certain exchange posted on Twitter that its hot wallet experienced unauthorized access. All user assets remain secure. The exchange will fully cover all losses resulting from this incident. Trading and deposit functions will be restored soon, and withdrawals will be available after the security upgrade is completed. Previously, SlowMist stated on social media that the exchange suffered a supply chain attack, with losses exceeding $27 million. The production network was breached, and the attacker altered the operational logic of servers related to accounts and risk control, enabling fund withdrawals. Notably, the private key was not compromised.