Bitrue Hacked for $23 Million - Coinleaks
Current Date:September 21, 2024

Bitrue Hacked for $23 Million

bitrueall funds in the stock market 5 percentannounced that his hot wallet, which made up his .

bitrue Its administrators pledged to fully compensate the funds of all identified users affected by the hack. After the hot wallet attack by hackers, the stock market 23 million dollars underlined that it was a loss. attack 14 Aprilannouncing in bitruesaid it had to temporarily suspend all withdrawals due to short-term abuse of its hot wallet.

Hackers Driven to DeFi Protocols

After the company has done additional security checks, April 18, 2023 It plans to reopen withdrawals on Bitrue emphasized that it was able to address the issue quickly, which allowed the platform to prevent further draining of its funds.

Making a statement on the subject, the company made the following statements: “The rest of our wallets are safe, but the danger has not been overcome yet. We are conducting a thorough security review and will keep you informed as we make progress.”

bitrueadministrators in the hacked wallet Ethereum, Shiba Inu, Gala, Quant, HoloAnd polygon announced the presence of crypto assets such as According to data from Chainalysis, in the first three months of 2022, crypto exchange attacks accounted for only 3 percent of all crypto stolen, while 97 percent consisted of DeFi protocols.

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