BtcTurk Cyber Attack Compromises Hot Wallets; Cold Wallets Remain Secure

BtcTurk Cyber Attack Compromises Hot Wallets; Cold Wallets Remain Secure



BtcTurk, a prominent cryptocurrency exchange based in Turkey, recently experienced a significant cyber attack leading to unauthorized access to several of its hot wallets. This breach resulted in the theft of various cryptocurrency balances from the platform.



According to an official statement from BtcTurk, the exchange detected the security breach promptly. Hackers managed to infiltrate and steal assets from a number of its hot wallets, impacting at least ten different cryptocurrencies. Despite this setback, BtcTurk assured its users that the bulk of its crypto reserves, stored securely in cold wallets, were unaffected. The exchange emphasized that its financial position remains robust, far surpassing the amount compromised, thereby safeguarding user assets against any potential financial losses.



In response to the incident,


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#Bitcoin, #BtcTurk, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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