Instantly search thousands of news articles from trusted sources.

Show me

BtcTurk Suffers $48 Million Hack Amid Ongoing Crypto Security Concerns

4articles

BtcTurk HackCryptocurrency

Updated a few seconds ago

BtcTurk Suffers $48 Million Hack Amid Ongoing Crypto Security Concerns

BtcTurk, Turkey's second-largest cryptocurrency exchange, has been hit by a $48 million hack, exacerbating a troubling trend in the crypto sector this summer. The attack has led to significant outflows and raised alarms among users and investors, as security teams scramble to address the vulnerabilities that allowed such a breach.

99Bitcoins6 hours ago

BtcTurk Loses $48 Million in Hot Wallet Breach

NegativeCryptocurrency

BtcTurk, a major cryptocurrency exchange in Turkey, has lost $48 million due to a hack targeting its hot wallets. The company has paused crypto deposits and withdrawals while keeping fiat trading operational.

Editor’s Note: This incident highlights the vulnerabilities in cryptocurrency exchanges and raises concerns about the security of digital assets. As more people invest in cryptocurrencies, ensuring the safety of these platforms is crucial for maintaining user trust.

Read full article

via 99Bitcoins

Crypto News16 hours ago

BtcTurk’s $48m hack compounds crypto’s bleak summer of security failure

NegativeCryptocurrency

BtcTurk, Turkey's second-largest cryptocurrency exchange, suffered a $48 million hack, adding to a troubling summer for digital asset platforms that have already seen $142 million stolen in July. Security teams are urgently seeking solutions.

Editor’s Note: This incident highlights the ongoing security challenges faced by cryptocurrency exchanges, raising concerns among investors and users about the safety of their assets. As hacks become more frequent, the need for robust security measures is more critical than ever.

Read full article

via Crypto News

CryptoSlate18 hours ago

BtcTurk hack sees $48 million in crypto vanish from hot wallets

NegativeCryptocurrency

BtcTurk, a Turkish crypto exchange, suffered a significant cyberattack resulting in the theft of approximately $48 million in digital assets. The stolen funds were transferred across various blockchain networks.

Editor’s Note: This incident highlights the vulnerabilities in the cryptocurrency sector, raising concerns about security measures in exchanges. The loss of such a substantial amount could impact investor confidence and regulatory scrutiny.

Read full article

via CryptoSlate

CoinDesk20 hours ago

Turkish Crypto Exchange BtcTurk Witnesses $48M of Suspicious Outflows Amid Hack Fears

NegativeCryptocurrency

BtcTurk, a Turkish cryptocurrency exchange, has experienced $48 million in suspicious outflows, raising concerns about potential hacking incidents. This situation has alarmed users and investors alike.

Editor’s Note: The significant outflows from BtcTurk highlight the ongoing risks associated with cryptocurrency exchanges, especially in light of recent hacking incidents. Users need to be aware of the security measures in place and consider the implications for their investments.

Read full article

via CoinDesk

Instantly search thousands of news articles from trusted sources.

Why World Pulse Now?

Global Coverage

All major sources, one page

Emotional Lens

Feel the mood behind headlines

Read Less, Know More

Get summaries. Save time

Multi-Language

Switch languages to read your way

Save for Later

Your stories, stored for later

Stay informed, save time

Learn more

Live Stats

Articles Processed

4,251

Mobile App

Available on iOS & Android

The mobile app adds more ways to stay informed — including offline reading, voice-enabled summaries, and personalized trend alerts.

Available now on iOS and Android

1-Minute Daily Briefing

Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more

Instantly search thousands of news articles from trusted sources.

Why World Pulse Now?

Global Coverage

All major sources, one page

Emotional Lens

Feel the mood behind headlines

Read Less, Know More

Get summaries. Save time

Multi-Language

Switch languages to read your way

Save for Later

Your stories, stored for later

Stay informed, save time

Learn more

Live Stats

Articles Processed

4,251

Mobile App

Available on iOS & Android

The mobile app adds more ways to stay informed — including offline reading, voice-enabled summaries, and personalized trend alerts.

Available now on iOS and Android

1-Minute Daily Briefing

Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more

Trending Stories

BtcTurk Suffers $48 Million Hack Amid Ongoing Crypto Security Concerns

Why World Pulse Now?

Global Coverage

Emotional Lens

Trending Stories

Read Less, Know More

Multi-Language

Save for Later

Live Stats

Mobile App

1-Minute Daily Briefing

Why World Pulse Now?

Global Coverage

Emotional Lens

Trending Stories

Read Less, Know More

Multi-Language

Save for Later

Live Stats

Mobile App

1-Minute Daily Briefing