We’re reaching out to share some important updates and clarify the situation regarding the recent security breach at BingX, an event that has touched our community as well.
TL;DR: BingX was hacked on September 20th, affecting approximately 1 million GGTK tokens which were then sold on Uniswap. We are in contact with BingX as they finalize their compensation plans.
What Happened?
As some of you may have heard, BingX was victim of a hack on September 20th, where over $43 million in digital assets were drained, including about 1 million of our very own GGTK tokens that were then sold in Uniswap mostly.
BingX’s Next Steps
BingX is currently in damage assessment mode, gathering all necessary data to fully understand the scope and impact of the hack. They have committed to transparency and will be hosting an AMA (Ask Me Anything) to answer questions and shed light on their plan to compensate those affected. We’re in close contact with their team and will relay information as soon as it becomes available.
What This Means for You
It’s crucial to understand that this incident does not impact the integrity or functionality of the GG DApp itself or our broader ecosystem. The GGTK tokens remain secure within our network, and this event relates solely to the tokens held on BingX. We urge all GGTK holders to stay tuned for updates from both BingX and us. We are committed to ensuring that all necessary measures are taken to protect and inform our community.
For more detailed information on the BingX incident, please visit this link.
Stay tuned for more updates,
Your GG DApp Team
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