Crypto worth 23 million US dollars is compromised as Bitrue Exchange is hacked

Crypto worth 23 million US dollars is compromised as Bitrue Exchange is hacked
The Bitrue cryptocurrency exchange was used today, with the perpetrator being able to withdraw cryptocurrency worth around $ 23 million.
The exploit was officially confirmed.
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- Bitrue revealed in a Twitter thread posted today that the stock exchange has previously suffered a “short exploit” in one of its hot wallets.
1/4: We identified a short exploit in one of our hot wallets on April 14, 2023 at 07:18 a.m. (UTC). We were able to tackle this fact quickly and prevent the further exploitation of funds. We take this matter seriously and are currently investigating the situation. pic.twitter.com/qiophsb2dm
- Bitrue (@bitrueofficial) 14. April 2023
- The team was supposed to prevent further damage.
- according to the announcement:
The attackers were able to withdraw assets worth around $ 23 million in ETH, QNT, GALA, Shib, Hot and Matic. The affected Hot Wallet only holds less than 5 % of our total funds. The rest of our wallets remains safe and was not compromised.
- It is not yet clear whether the exploit is due to a technical error or social engineering.
- The stock exchange has stopped payments by April 18, "to carry out additional security controls".
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