May 1, 2025
Blockchain

The CEO of Binance announced that they have frozen $5.3 million stolen from BtcTurk

  • June 23, 2024
  • 0

Recently Turkish cryptocurrency exchange To BtcTurk A cyber attack was carried out and after this attack cryptocurrency deposits and withdrawals were halted. This morning it was announced that

The CEO of Binance announced that they have frozen .3 million stolen from BtcTurk

Recently Turkish cryptocurrency exchange To BtcTurk A cyber attack was carried out and after this attack cryptocurrency deposits and withdrawals were halted. This morning it was announced that crypto transactions on the ERC20 network have been reactivated.

In the statement of BtcTurk “All ERC20 cryptocurrencies of the ERC20 network deposit and withdrawal transactions are opened. “Cryptocurrency deposit and withdrawal transactions subject to cyber attacks will be gradually opened once the detailed work of our cybersecurity teams is completed.” expressions were used. BtcTurk had previously announced that only hot wallets were affected by the attack. It was also stated that user assets would not be affected by the attack.

The amount stolen is unknown

btcturk

Following cyber attacks that claimed 10 different cryptocurrencies were affected amount stolen not known. It is known that BtcTurk has a fund called the Assurance Fund for possible attacks. Corporate partners also disclosed that they had transferred funds from their own assets to this fund to cover losses.

Binance CEO Richard Teng also made a statement on the subject. Although Teng stated that they helped BtcTurk, the stolen funds have not been recovered so far. approximately $5.3 million He stated that they had frozen the part.

Source: Web Tekno

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