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by: xpoolPosted on: August 14, 2025

BtcTurk Suffer $48 Million Hack, Funds Converted to Ethereum

A major cryptocurrency exchange, BtcTurk, suffered a significant security breach resulting in the loss of over $48 million. The hacker used multiple Ethereum addresses to obscure their trail as they converted stolen assets into the popular cryptocurrency. This incident highlights the ongoing vulnerabilities in centralized exchanges and raises concerns about potential future thefts.

Related posts:

  1. Coinbase Deflects $20 Million Ransom Demand After Data Breach
  2. US Justice Department Opens Probe into Coinbase Data Breach
  3. BtcTurk Suspected Security Breach Sparks Cryptocurrency Market Concerns
  4. BtcTurk Halts Withdrawals Following Suspected Crypto Hack
BtcTurk Crypto Exchange Cybersecurity

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