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Hack history / 2021 / Hack or exploit

Bilaxy

Hack or exploit on Aug 29, 2021 · Hot Wallet Key Compromised

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$21.7M
dollars at the time
Returned
none listed
as the sources state it
Rank
#195
among thefts by dollars lost

What happened

On August 28-29, 2021, cryptocurrency exchange Bilaxy's hot wallet was compromised, resulting in the theft of approximately $21.7 million in various ERC20 tokens including USDT, USDC, and UNI. The attacker transferred 200 ETH to Tornado Cash to mix the stolen funds.

Details

Date
Aug 29, 2021
Kind
Hack or exploit
Method
Hot Wallet Key Compromised
How in
Keys, accounts and infrastructure
Target
Centralized exchange
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Bilaxy hack, Aug 29, 2021: $21.7M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htcd8615bf10/ (data as of 2026-11-01).
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