🚨🚨🚨 BTCTurk is a cryptocurrency exchange platform based in Türkiye. Over the past weekend, the platform was the victim of a hack that resulted in the loss of millions of dollars. Fortunately, the platform was assisted by Binance which made it possible to recover part of the funds.

The BTCTurk exchange platform alerted its users that a hack was in progress. According to the first announcement published on the exchange's official website, it appears that around ten hot wallets have been impacted. Thus, the hacker made numerous unauthorized withdrawals. The platform's cold wallets would not have been impacted.

A few hours after the attack, Richard Teng, the current CEO of Binance, revealed that he had managed to get his hands on part of the funds.

Thus, Binance teams would have managed to seize $5.3 million from the attack. The funds had passed through the exchange and Binance was able to freeze them.

“Binance is assisting BtcTurk with its investigations and has frozen over $5.3 million in stolen funds to date. Our investigative and security teams work around the clock as part of our proactive efforts to protect the ecosystem from bad actors. We will provide further updates as necessary. »

However, this is only a tiny part of the total amount stolen from BTCTurk. Indeed, AVAX assets alone represent $54 million. Thus, it is very likely that other millions of losses have been recorded on other chains.

Recently, another exchange platform, this time European, was also the target of a hack. Indeed, the Lykke exchange was hacked for a total of 23 million dollars!! 😈🚀

#BTC