BtcTurk halts withdrawals amid suspected $48M crypto hack
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BtcTurk has halted deposits and withdrawals, citing a “technical issue” with hot wallets, reporting that other trading and local currency withdrawals and deposits remain active.
Turkish cryptocurrency exchange BtcTurk has halted withdrawals amid reports suggesting that the platform has suffered a major loss of funds to a hacking attack.
Cybersecurity firm Cyvers took to X on Thursday to report that it had detected $48 million worth of digital assets, including Ether (ETH), involved in unusual activity.
“Our system detected multiple alerts across ETH, AVAX, ARB, BASE, OP, MANTLE and MATIC networks,” Cyvers reported, adding that the attacker has moved the assets to two addresses and has begun swapping them.
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