Does Onyx use Ethereum?

As the cryptocurrency industry continues to grow, the importance of robust security measures cannot be overstated. BTCC, a top cryptocurrency exchange, understands this better than most. Its comprehensive suite of services, including spot trading, futures, and a secure wallet, are designed to provide users with a SAFE and reliable platform to trade and store their digital assets.

The magnitude of the attack was unprecedented, with the perpetrators managing to steal a staggering $3.8 million from the platform's users and systems. This incident has left Onyx in a precarious position, with trust in the platform's security measures now severely compromised.

In light of this devastating blow, Onyx has made the difficult decision to shut down its lending platform. The company has cited the need to prioritize the safety and security of its users as the primary reason behind this decision.

Despite the setback, Onyx has vowed to work tirelessly to investigate the incident and improve its security measures to prevent similar breaches in the future. The company has also expressed its deep regret for the inconvenience and loss suffered by its users.

Onyx, a prominent player in the Ethereum-based lending space, has announced a significant setback in its operations. The platform, which had gained a reputation for its innovative financial services, was recently hit by a devastating security breach.