3 hours ago
Turkish crypto speech BtcTurk has been targeted by a large cyberattack, which resulted successful the theft of astir $48 cardinal successful integer assets.
On Aug. 14, blockchain information steadfast Cyvers reported that the stolen funds were moved crossed aggregate networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon.
Most of the assets were transferred to conscionable 2 addresses, wherever the attacker has reportedly begun swapping them.
BtcTurk confirmed the hack successful a station connected X, emphasizing that lone blistery wallets were affected. The steadfast is 1 of the largest crypto exchanges successful the state and has implicit 5 cardinal users.
According to the firm:
“During checks conducted connected August 14, 2025, antithetic enactment was detected successful our blistery wallets. As a precaution, cryptocurrency deposit and withdrawal transactions person been temporarily suspended. These services volition beryllium reactivated erstwhile the enactment is completed.”
The institution assured users that astir assets stay safely stored successful acold wallets and that the incidental volition not interaction lawsuit holdings. It added that trading operations and Turkish Lira transactions are continuing normally.
BtcTurk furthered that the authorities person been notified and are coordinating intimately with cybersecurity teams to unafraid its infrastructure.
This onslaught follows a akin incidental astir a twelvemonth ago, erstwhile BtcTurk’s blistery wallets were targeted, resulting successful important losses of much than $55 million.
At that time, the speech clarified that lone a information of 10 cryptocurrencies successful blistery wallets were affected, portion acold wallet holdings remained untouched.
Centralized exchanges nether attack
This latest BtcTurk hacking incidental adds to the increasing database of attacks centralized crypto trading platforms person experienced this year.
Earlier successful the year, Bybit, 1 of the astir salient crypto exchanges, suffered a hack that stole astir $1.5 cardinal successful Ethereum tokens.
Since then, different large crypto trading platforms similar India-based CoinDCX person besides lost implicit $44 million.
The station BtcTurk hack sees $48 cardinal successful crypto vanish from blistery wallets appeared archetypal connected CryptoSlate.
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