Bitrue didn't release details on how the attack had been achieved, but explained that one of their hot wallets had been impacted. They announced that they would be pausing withdrawals for several days as they investigated the incident, and that they would be compensating affected users.
The Singapore-based Bitrue crypto exchange suffered a hack on April 14 in which attackers siphoned tokens including Ethereum, Shiba Inu, and MATIC (the token for the Polygon network). Altogether the stolen funds were estimated at around $23 million.
- Post by Bitrue