The crypto trading platform BingX recently suffered a major cyberattack, resulting in the loss of $44 million. This breach has sparked concern among users about the safety of their funds and the security measures employed by the platform. The article delves into the details of the attack, how BingX responded, and what this means for the broader crypto community. With cyber threats on the rise, users must understand how such breaches occur and the steps they can take to protect their assets.