VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owns Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (“BIG”) (blockchaingroup.io), a cryptocurrency compliance and intelligence company.
On September 17, 2023, Netcoins was the target of a cybersecurity incident. Netcoins’ internal control systems, designed to monitor crypto-asset withdrawals, detected suspicious activity on Netcoins’ hot wallets. Netcoins’ automated systems blocked attempted crypto withdrawals outside of preset, tightly controlled permitted limits, and immediately notified Netcoins staff. Upon internal investigation, it was determined that a bad actor had accessed the Netcoins network. Netcoins took steps to remove the unauthorized user and reinforce t
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