Bitrue exploited for $24.4 million in tokens
Bitrue has been exploited for roughly $24.4 million in tokens, the exchange confirmed on Twitter.
“We have identified a brief exploit in one of our hot wallets on 07:18 (UTC), 14 April 2023,” the exchange tweeted, adding: “We were able to address this matter quickly and prevented the further exploit of funds. We take this matter seriously and are currently investigating the situation.”
The exchange explained that attackers were able to withdraw assets in ether, QNT, GALA, SHIB, HOT and MATIC — but only exploited a hot wallet that holds less than 5% of its overall funds. “The rest of our wallets remain secure and have not been compromised,” it stated.
The tokens are currently held in an address starting with 0x181.
The exploiter swapped for 8,858 ether but kept most of the stolen SHIB and HOT tokens.
This story is developing and will be updated with more information.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Adam James
