Hackers Steal $4.25 Million from Bitrue Exchange

Hackers have  stolen over $4.5 million worth of crypto from Bitrue, a Singapore-based exchange.The attackers stole 9.3 million Ripple (XRP) coins and 2.5 million Cardano (ADA) coins, worth $4.25 million and $225,000, respectively.[vc_row][vc_column][vc_column_text]Bitrue shut down trading once  detected the hack , putting the site in maintenance mode while they investigated what was happening.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]The exchange’s website is still down at the time of writing, but the company said it anticipates that it will resume trading “within a few hours,” according to an update posted on the same social media channels minutes before this article’s publication.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_cta h2=”JOIN TO OUR TELEGRAM CHANNEL” h4=”ALL THE LATEST BREAKING NEWS ON TELEGRAM” css=”.vc_custom_1534928484642background-color: #44d8dd !important;”]Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.[/vc_cta][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Bitrue said in its statement: “Please let us assure you that this situation is under control, 100% of lost funds will be returned to users. We have also contacted the relevant authorities in Singapore to assist us in tracking down the culprit and retrieving the stolen funds.” As a reminder, this hack is the exchange’s second security incident this year. In January, Bitrue admins also acknowledged to falling victim to a 51% attack during which an attacker exfiltrated over 13,000 Ethereum Classic (ETC) coins worth over $100,000 from the platform’s accounts.[/vc_column_text][/vc_column][/vc_row]

https://blog.hyip.com/2019/06/hackers-steal-4-25-million-from-bitrue-exchange/