🚩ECN Token Swap Process

As to the upcoming ECN Token Swap, it is expected to be completed before 11:00AM, Aug.26(UTC Time), then ECN deposit/ withdrawal/trading will be enabled, Pls stay tuned for it.

For the ECN that deposited after ecn deposit suspended, please contact ECN official and deal with it according to the announcement previously issued by the ECN official.

Thanks for your support.

Bilaxy Team

🔔🔔 Bilaxy Temporary System Maintenance Notice — Around 20 MINS

Bilaxy will make a temporary system upgrading after the annoucement and it will take around 20 mins. During upgrading, Bilaxy will suspend deposits, withdrawals, and trading. You will not be able to visit Bilaxy website temporarily. All will be resumed once maintenance.

Sorry any inconvenience caused, and thank you for your patience.

Bilaxy

🔔🔔 Bilaxy Temporary System Maintenance were completed, all were resumed, thanks for your support.

⚠️⚠️Top Urgent-Bilaxy Hacked Notice

Pls note Bilaxy Hot wallet was hacked, ❌pls DON't send any funds to your bilaxy accounts again. We are racing with the time to checking and fixing. Pls wait for further Notice.

Thanks for your support.

Bilaxy Team

👉Updates for Bilaxy ERC20 hot wallet hacked incident

Dear Users,

Sorry for the waiting. We just completed a series of emergency work to avoid further loss and would like to update with you as below at our first available time.

Bilaxy ERC20 hot wallet (0xCCE8D59AFFdd93be338FC77FA0A298C2CB65Da59) suffered a serious hack between 18:00 and 19:00, Aug.28(UTC time), about 295 ERC20 tokens were hacked and transferred by the hacker to the address: https://etherscan.io/address/0xA14d5DA3C6BF2D9304FE6D4BC6942395b4dE048b.

18:19, UTC: Abnormal transactions from Bilaxy erc20 hot wallet started.
19:00, Bilaxy suspended the bilaxy website to take emergency maintenance and to move hundreds of tokens from the hot wallet tokens to the cold wallets to secure the assets.
20:00 Contacted all affected tokens’ officials for the hack alert.
Contacted security audit institutions to search the attack reason and track the hacked funds.
Contacted Coinmarketcap, Congecko, etherscan ect to announce the hack warnings.
Continually make technique investigations on hot wallet tokens


🚩The following work arrangement is as below:

1. In the coming days, we will jointly work with the professional authoritative security institutions to make thoroughly system security audit and investigation. Further comprehensively sort out platform assets storge solutions. Report the hack case to the local police agency and try to our best track down and recover the stolen funds

2.Bilaxy suffered heavy losses in this hack accident and The problem has not been determined now, which will take lots of work and time to resume bilaxy services. it may at least take 2 weeks to investigate the hack thoroughly and rebuild system architecture to secure the system and assets. We hope that users will have the necessary psychological preparation for it.

3. Besides the above hacked tokens, all the unaffected tokens during the hack incident were all moved to cold wallet for storage at the first time, pls don’t worry about it.

4. Any latest updates about the progress of the work, Bilaxy will make updates timely.For details, please pay attention to Bilaxy telegram or twitter.

Thanks a lot for your support.
Bilaxy

👉Updates about Bilaxy ERC hot wallet hacked

Updates at 15:00, Aug.30,2021(UTC)

At present, we are working closely with third-party security auditing companies and have made initial progress. The time it will take to resume the platform depends on the progress of our work, and it will take at least two weeks or even longer. Please be patient, we will announce any progress as soon as possible. The hacked incident involved only part of erc20 tokens holding in hot wallet. Other coins/tokens such as BTC, ETH, USDT were not affected.

Pls stay tuned for any updates and thanks for your support.

Bilaxy Team

👉Updates about Bilaxy ERC20 hot wallet hacked Incident

- Updates at 5:13 Sep.5th, 2021(UTC Time)
- Hacker's orignial address: https://etherscan.io/address/0xA14d5DA3C6BF2D9304FE6D4BC6942395b4dE048b


Dear Users,

Thanks for your patientce, the past week was really a tough week for Bilaxy team and users. In response to the hacking incident, in the past week, the Bilaxy team has made an all-out efforts to stop the loss and investigate the hack thoroughly.

We are still closely working with security institutions to conduct the meticulous investigation and analysis of the stolen incident, reported the hack incidents to the police for further investigation. With the efforts of all parties, initial progress has been made in security analysis, but it is still unable to ensure that the relevant system equipment can be in a secure network environment and avoid further attacks. So the key tasks for the next period will be:

1. Work closely with third-party security audit institutions to continue to investigate hidden risks;
2. Work closely with security audit companies and the police to fully track down the stolen assets.
3. Complete the thorough investigation of system risks, work hard to restore part functions of the exchange.

Above all, investigating and eliminating hidden risks are the top priority to prevent secondary attacks due to insufficient investigation. The exchange functions cannot be restored until the risks are elimated. We are trying our best to figure out the case and really need your support to wait patiently for further updates.

Thanks for your support.

Bilaxy Team