Crypto exchange Bitrue loses $23 million to hot wallet exploit.
The platform’s team said it was able to prevent further transfers of funds and assured the matter is being investigated. “The affected hot wallet only holds less than 5% of our overall funds. The rest of our wallets remain secure and have not been compromised,” Bitrue pointed out., the exchange informed customers it has temporarily suspended withdrawals, which will be restored on Tuesday, April 18.
“We are committed to maintaining transparency throughout this process, and thank you for your continued support,” theThe Bitrue hack is the second major case of this kind since the start of the month. South Korean crypto exchange GDAC announced the loss of more than $13 million when hackers took control of some of its hot wallets on April 9. And in March, over $1.5 million in bitcoin were
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Crypto exchange Bitrue suffers $23M hack due to hot wallet exploitCryptocurrency exchange Bitrue has suffered a hot wallet exploit, allowing attackers to withdraw nearly $23 million in crypto assets.
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