BtcTurk Halts Crypto Withdrawals After Suspected $48M Hack

BtcTurk stopped all cryptocurrency deposits and withdrawals after detecting suspicious activity in its hot wallets. The incident happened on August 14, 2025. Reports suggest the breach caused a loss of around $48 million in digital assets. Cyvers, a cybersecurity firm, detected unusual transactions on several blockchain networks. These included Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, […]

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