16-7-2025 – Cryptocurrency exchange BigONE suffered a $27 million loss following a supply chain attack that compromised multiple digital assets including SHIB, DOGE, and SOL tokens, according to blockchain security firm SlowMist.

The trading platform, which provides access to over 180 cryptocurrencies, detected “abnormal movements” involving some of its assets earlier today, first reported by security researchers monitoring on-chain activity. The breach represents one of the most significant exchange compromises in recent months, highlighting ongoing vulnerabilities in cryptocurrency infrastructure despite enhanced security measures across the industry.

Supply chain attacks have become increasingly sophisticated, targeting the software and services that exchanges rely on rather than direct platform breaches. This method allows attackers to exploit trusted third-party components to gain unauthorized access to exchange systems and user funds.

The incident adds to a growing list of exchange security breaches in 2025, following other major compromises including the record-breaking $1.5 billion Bybit hack in February. The frequency of these attacks underscores the persistent security challenges facing centralized cryptocurrency platforms as they handle billions in digital assets.