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BtcTurk exchange suffers $48 million hack
Here’s the latest verified update on the BtcTurk exchange hack and what’s known so far:
CryptoRank
Binance
Hackers pitch tent in Turkey, stealing $48 million from BtcTurk exchange
Another Blow to Turkey’s Crypto Market: Hackers Drain $48M from BtcTurk. Insider Weakness Suspected
Yesterday
Yesterday
🧠 What Happened
Turkish cryptocurrency exchange BtcTurk was hacked, with attackers draining **about $48 million worth of crypto from its hot wallets. �
Cryptopolitan +1
Blockchain security firms and on-chain monitoring flagged unusual outflows across multiple blockchains such as Ethereum, Arbitrum, and Polygon. �
Coindesk
The total loss is widely reported around $48 million (some reports note slight variances). �
Cryptonews
🚨 Exchange Response
BtcTurk temporarily halted deposits and withdrawals as a precaution while it investigates the breach. �
Cryptopolitan
The company says most customer assets were stored offline in cold wallets, and those remain safe. �
Cryptopolitan
Trading and fiat lira deposits/withdrawals reportedly continued during the investigation. �
Cryptonews
🧩 Scope & Method
The attackers appear to have gained unauthorized access to BtcTurk’s hot wallets (connected to the internet), letting them move funds across several blockchain networks. �
Coindesk
Stolen assets were consolidated into just a few recipient addresses by the hackers. �
Cryptonews
🔍 Context & Broader Implications
This incident follows previous security problems at BtcTurk and adds to ongoing concerns about exchange hot wallet vulnerabilities in the crypto sector. �
Binance
Security experts emphasize that hot wallets—unlike cold storage—are more at risk if private keys are compromised.
🛡 How This Affects Users
If you have funds on BtcTurk, check official communications from the platform for updates on withdrawal resumption and potential compensation plans.
Be cautious of scams or phishing attempts claiming to help “recover” lost funds—hack incidents often trigger such schemes.
$BTC
$ETH
#BtcTurk #CryptoHack #ExchangeHack
CryptoRank
Binance
Hackers pitch tent in Turkey, stealing $48 million from BtcTurk exchange
Another Blow to Turkey’s Crypto Market: Hackers Drain $48M from BtcTurk. Insider Weakness Suspected
Yesterday
Yesterday
🧠 What Happened
Turkish cryptocurrency exchange BtcTurk was hacked, with attackers draining **about $48 million worth of crypto from its hot wallets. �
Cryptopolitan +1
Blockchain security firms and on-chain monitoring flagged unusual outflows across multiple blockchains such as Ethereum, Arbitrum, and Polygon. �
Coindesk
The total loss is widely reported around $48 million (some reports note slight variances). �
Cryptonews
🚨 Exchange Response
BtcTurk temporarily halted deposits and withdrawals as a precaution while it investigates the breach. �
Cryptopolitan
The company says most customer assets were stored offline in cold wallets, and those remain safe. �
Cryptopolitan
Trading and fiat lira deposits/withdrawals reportedly continued during the investigation. �
Cryptonews
🧩 Scope & Method
The attackers appear to have gained unauthorized access to BtcTurk’s hot wallets (connected to the internet), letting them move funds across several blockchain networks. �
Coindesk
Stolen assets were consolidated into just a few recipient addresses by the hackers. �
Cryptonews
🔍 Context & Broader Implications
This incident follows previous security problems at BtcTurk and adds to ongoing concerns about exchange hot wallet vulnerabilities in the crypto sector. �
Binance
Security experts emphasize that hot wallets—unlike cold storage—are more at risk if private keys are compromised.
🛡 How This Affects Users
If you have funds on BtcTurk, check official communications from the platform for updates on withdrawal resumption and potential compensation plans.
Be cautious of scams or phishing attempts claiming to help “recover” lost funds—hack incidents often trigger such schemes.
$BTC
$ETH
#BtcTurk #CryptoHack #ExchangeHack
$NEIRO
🔥 What happened
Turkish crypto exchange BtcTurk was hit by hackers, resulting in **about $48 million worth of digital assets drained from its hot wallets in a coordinated breach targeting multiple blockchain networks.
The attackers moved stolen funds across chains like Ethereum, Arbitrum, and Polygon and consolidated them into a single address — possibly for laundering or further transfers.
This marks another major security incident for BtcTurk, following previous large losses at the platform over the last couple of years.
💡 Exchange response
BtcTurk temporarily halted deposits and withdrawals as it investigates the breach and shores up defenses.
The company says most user assets remain safe because the majority are held in offline cold wallets, not connected to the internet.
🛡️ Broader impact & risks
Security experts warn that such hacks not only cause direct financial loss but may also lead to secondary scams — malicious actors posing as support to trick users during the confusion.
Repeated breaches at the same exchange raise concerns about its risk management and security posture compared with more established global platforms.
🔎 Crypto ecosystem context
Hacks like this are part of a broader trend of security incidents in the crypto space, where exchanges and protocols remain frequent targets for sophisticated attackers.
#CryptoHack #BtcTurk #SecurityBreach #CryptoExchange #HotWallet #BlockchainSecurity #CryptoNews #CyberAttack #NotYourKeysNotYourCoins
🔥 What happened
Turkish crypto exchange BtcTurk was hit by hackers, resulting in **about $48 million worth of digital assets drained from its hot wallets in a coordinated breach targeting multiple blockchain networks.
The attackers moved stolen funds across chains like Ethereum, Arbitrum, and Polygon and consolidated them into a single address — possibly for laundering or further transfers.
This marks another major security incident for BtcTurk, following previous large losses at the platform over the last couple of years.
💡 Exchange response
BtcTurk temporarily halted deposits and withdrawals as it investigates the breach and shores up defenses.
The company says most user assets remain safe because the majority are held in offline cold wallets, not connected to the internet.
🛡️ Broader impact & risks
Security experts warn that such hacks not only cause direct financial loss but may also lead to secondary scams — malicious actors posing as support to trick users during the confusion.
Repeated breaches at the same exchange raise concerns about its risk management and security posture compared with more established global platforms.
🔎 Crypto ecosystem context
Hacks like this are part of a broader trend of security incidents in the crypto space, where exchanges and protocols remain frequent targets for sophisticated attackers.
#CryptoHack #BtcTurk #SecurityBreach #CryptoExchange #HotWallet #BlockchainSecurity #CryptoNews #CyberAttack #NotYourKeysNotYourCoins
Yasir magsi:
now entry
Another Blow to Turkey’s Crypto Market: Hackers Drain $48M from BtcTurk. Insider Weakness Suspected
Turkey's crypto scene has been rocked again. The country’s largest exchange, BtcTurk, has confirmed a sophisticated hack that resulted in the loss of approximately $48 million from its hot wallets. The incident is especially alarming as it marks the third such breach in just two years.
🔹 The attack spanned multiple blockchains — according to blockchain security firm AnChain, the hackers moved funds via Ethereum, Arbitrum, and Polygon. The stolen assets were ultimately consolidated into a single address, where they were laundered through subsequent transactions.
🔹 BtcTurk claims the situation is under control, reassuring users that the majority of funds remain safe in cold wallets. Nonetheless, the exchange temporarily suspended withdrawals and launched an internal investigation alongside technical audits.
A Repeating Pattern: Not the First Breach
This incident follows a troubling series of similar attacks:
August 2025: BtcTurk confirmed a loss of $38 million and claimed that “all necessary security measures” had been implemented.June 2024: A sudden disappearance of $55 million was later attributed by auditing firm Halborn to a likely compromised private key.
During the August 2025 breach, the exchange stated: “Unusual movements were detected in our hot wallets during checks conducted on August 14. As a precaution, deposits and withdrawals were temporarily suspended.”
Despite such claims, history is repeating itself.
Warning: Phishing and Secondary Scams Loom
According to AnChain, such hacks often pave the way for secondary scams, where bad actors exploit user panic. Impersonating the exchange's support teams, scammers may send fake emails or SMS messages, tricking users into linking their wallets to phishing platforms disguised as refund verification services — draining even more funds.
Crypto in Turkey: Massive Volumes, Fragile Security
Despite repeated attacks, Turkey remains a crypto powerhouse:
🔹 As of October 2025, daily crypto trading volume hit $300 million, with 75% denominated in Turkish lira
🔹 Annual crypto transaction volume reached $200 billion, four times that of the UAE, the second-largest market in the region
🔹 Between 2021 and mid-2025, Turkey saw a cumulative $878 billion in gross crypto inflows
Meanwhile, Turkey’s national statistics office reported that inflation reached 30.89% in 2025, with food prices up 28.31% and transportation costs rising 28.44%, driven by soaring fuel and operational expenses.
In such an environment, it’s clear why citizens turn to crypto — but this also makes them highly vulnerable to fraud, manipulation, and cyberattacks.
#CryptoHack , #Cryptoscam , #cyberattack , #CryptoMarket , #DigitalAssets
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🔹 The attack spanned multiple blockchains — according to blockchain security firm AnChain, the hackers moved funds via Ethereum, Arbitrum, and Polygon. The stolen assets were ultimately consolidated into a single address, where they were laundered through subsequent transactions.
🔹 BtcTurk claims the situation is under control, reassuring users that the majority of funds remain safe in cold wallets. Nonetheless, the exchange temporarily suspended withdrawals and launched an internal investigation alongside technical audits.
A Repeating Pattern: Not the First Breach
This incident follows a troubling series of similar attacks:
August 2025: BtcTurk confirmed a loss of $38 million and claimed that “all necessary security measures” had been implemented.June 2024: A sudden disappearance of $55 million was later attributed by auditing firm Halborn to a likely compromised private key.
During the August 2025 breach, the exchange stated: “Unusual movements were detected in our hot wallets during checks conducted on August 14. As a precaution, deposits and withdrawals were temporarily suspended.”
Despite such claims, history is repeating itself.
Warning: Phishing and Secondary Scams Loom
According to AnChain, such hacks often pave the way for secondary scams, where bad actors exploit user panic. Impersonating the exchange's support teams, scammers may send fake emails or SMS messages, tricking users into linking their wallets to phishing platforms disguised as refund verification services — draining even more funds.
Crypto in Turkey: Massive Volumes, Fragile Security
Despite repeated attacks, Turkey remains a crypto powerhouse:
🔹 As of October 2025, daily crypto trading volume hit $300 million, with 75% denominated in Turkish lira
🔹 Annual crypto transaction volume reached $200 billion, four times that of the UAE, the second-largest market in the region
🔹 Between 2021 and mid-2025, Turkey saw a cumulative $878 billion in gross crypto inflows
Meanwhile, Turkey’s national statistics office reported that inflation reached 30.89% in 2025, with food prices up 28.31% and transportation costs rising 28.44%, driven by soaring fuel and operational expenses.
In such an environment, it’s clear why citizens turn to crypto — but this also makes them highly vulnerable to fraud, manipulation, and cyberattacks.
#CryptoHack , #Cryptoscam , #cyberattack , #CryptoMarket , #DigitalAssets
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
See original
🚨 Breaking News in the Crypto World
The Turkish exchange BtcTurk (the largest local exchange in Turkey) was hit by a new cyberattack on January 1, 2026, resulting in the theft of approximately $48 million from hot wallets (hot wallets) across multiple chains such as Ethereum, Arbitrum, and Polygon.
This is the third attack on the exchange since 2024 (following previous losses amounting to tens of millions), and the stolen funds have been consolidated into a single address for laundering.
The exchange has temporarily suspended deposits and withdrawals, and confirms that most assets in cold wallets remain secure.
Important reminder: Always use cold wallets, enable 2FA, and avoid keeping large amounts on exchanges!
#BtcTurk #CryptoHack #Bitcoin #CryptoSecurity
The Turkish exchange BtcTurk (the largest local exchange in Turkey) was hit by a new cyberattack on January 1, 2026, resulting in the theft of approximately $48 million from hot wallets (hot wallets) across multiple chains such as Ethereum, Arbitrum, and Polygon.
This is the third attack on the exchange since 2024 (following previous losses amounting to tens of millions), and the stolen funds have been consolidated into a single address for laundering.
The exchange has temporarily suspended deposits and withdrawals, and confirms that most assets in cold wallets remain secure.
Important reminder: Always use cold wallets, enable 2FA, and avoid keeping large amounts on exchanges!
#BtcTurk #CryptoHack #Bitcoin #CryptoSecurity
See original
🛡️ Positive Update: Flow Network Gradually Recovering from the Hack That Stole $3.9 Million!
In December 2025, Flow was attacked by exploiting a vulnerability in the execution layer, allowing the creation of fake tokens and the withdrawal of assets across multiple bridges.
After significant debate, the organization abandoned the idea of a full rollback (which raised concerns about decentralization) and moved to a two-phase targeted recovery plan: freezing suspicious accounts, burning fake tokens, and rebalancing the DEX pools.
Now in January 2026, the second phase has begun: block production has resumed, EVM functionality will be restored shortly, and most accounts (over 99.9%) are unaffected. No direct losses to user balances!
#Flow #FLOW #CryptoHack #BlockchainRecovery #NFT
In December 2025, Flow was attacked by exploiting a vulnerability in the execution layer, allowing the creation of fake tokens and the withdrawal of assets across multiple bridges.
After significant debate, the organization abandoned the idea of a full rollback (which raised concerns about decentralization) and moved to a two-phase targeted recovery plan: freezing suspicious accounts, burning fake tokens, and rebalancing the DEX pools.
Now in January 2026, the second phase has begun: block production has resumed, EVM functionality will be restored shortly, and most accounts (over 99.9%) are unaffected. No direct losses to user balances!
#Flow #FLOW #CryptoHack #BlockchainRecovery #NFT
FLOW DUMPED 40% AFTER $3.9M HACK. BINANCE DELISTS.
Entry: 0.09 🟩
Target 1: 0.08 🎯
Stop Loss: 0.10 🛑
$FLOW is bleeding. A massive hack destroyed 40% of its value. Binance is delisting 9 pairs including $FLOW /$BTC. This is a security fail. Holders beware. Binance froze hacker funds and Flow claims to have fixed the exploit. But delisting starts 08:00 UTC Jan 3. Close all margin and pending orders. Get out of $FLOW now. Do not catch this falling knife.
Disclaimer: This is for informational purposes only and not financial advice.
#FLOW #CryptoHack #Binance #Trading 🚨
Entry: 0.09 🟩
Target 1: 0.08 🎯
Stop Loss: 0.10 🛑
$FLOW is bleeding. A massive hack destroyed 40% of its value. Binance is delisting 9 pairs including $FLOW /$BTC. This is a security fail. Holders beware. Binance froze hacker funds and Flow claims to have fixed the exploit. But delisting starts 08:00 UTC Jan 3. Close all margin and pending orders. Get out of $FLOW now. Do not catch this falling knife.
Disclaimer: This is for informational purposes only and not financial advice.
#FLOW #CryptoHack #Binance #Trading 🚨
🤯 $BTC Hack Mastermind FREED Early! 🚨
The architect of the infamous 2016 Bitfinex hack, Ilya Lichtenstein, is out of prison sooner than expected. 🇺🇸 Thanks to sentence reductions under the First Step Act – signed back in 2018 – he’s been released after serving part of his five-year sentence.
Remember, Lichtenstein was convicted in November 2024 for laundering a staggering 120,000 $BTC , worth around $4.5 billion when the crime occurred. This is a huge development for the crypto space and raises questions about accountability in large-scale hacks. 🤔 What does this mean for the recovery of stolen funds?
#Bitfinex #CryptoHack #Bitcoin #Security 🚀
The architect of the infamous 2016 Bitfinex hack, Ilya Lichtenstein, is out of prison sooner than expected. 🇺🇸 Thanks to sentence reductions under the First Step Act – signed back in 2018 – he’s been released after serving part of his five-year sentence.
Remember, Lichtenstein was convicted in November 2024 for laundering a staggering 120,000 $BTC , worth around $4.5 billion when the crime occurred. This is a huge development for the crypto space and raises questions about accountability in large-scale hacks. 🤔 What does this mean for the recovery of stolen funds?
#Bitfinex #CryptoHack #Bitcoin #Security 🚀
🤯 $BTC Hack Mastermind FREED Early! 🚨
The architect of the infamous 2016 Bitfinex hack, Ilya Lichtenstein, is out of prison sooner than expected. 🇺🇸 Thanks to sentence reductions under the First Step Act – signed back in 2018 – he’s been released after serving part of his five-year sentence.
Remember, Lichtenstein was convicted in November 2024 for laundering a staggering 120,000 $BTC , worth around $4.5 billion when the crime occurred. This is a huge development for the crypto space and raises questions about accountability in large-scale hacks. 🤔 What does this mean for the recovery of stolen funds?
#Bitfinex #CryptoHack #Bitcoin #Security 🚀
The architect of the infamous 2016 Bitfinex hack, Ilya Lichtenstein, is out of prison sooner than expected. 🇺🇸 Thanks to sentence reductions under the First Step Act – signed back in 2018 – he’s been released after serving part of his five-year sentence.
Remember, Lichtenstein was convicted in November 2024 for laundering a staggering 120,000 $BTC , worth around $4.5 billion when the crime occurred. This is a huge development for the crypto space and raises questions about accountability in large-scale hacks. 🤔 What does this mean for the recovery of stolen funds?
#Bitfinex #CryptoHack #Bitcoin #Security 🚀
December 2025 Crypto Security Report
December Recorded ~26 Major Crypto Exploits, Causing Total Losses Of ~$76M: Down Over 60% From November’s $194.27M.
Key Incidents:
🔺 Wallet 0xcB80…819 Lost $50M Via An Address Poisoning Attack
🔺 Multisig 0xde5f…e965 Drained Of $27.3M Due To A Private Key Leak
Top 5 Exploits:
1️⃣ Multisig 0xde5f…e965: $27.3M
2️⃣ babur.sol: $22M
3️⃣ @TrustWallet: $8.5M
4️⃣ @UnleashProtocol: $3.9M
5️⃣ @flow_blockchain: $3.9M
Overall Losses Fell Sharply, But Key Management Failures & Phishing-Style Attacks Remain Critical Risk Vectors.
Source: PeckShieldAlert
#CryptoHack #CryptoPatel
December Recorded ~26 Major Crypto Exploits, Causing Total Losses Of ~$76M: Down Over 60% From November’s $194.27M.
Key Incidents:
🔺 Wallet 0xcB80…819 Lost $50M Via An Address Poisoning Attack
🔺 Multisig 0xde5f…e965 Drained Of $27.3M Due To A Private Key Leak
Top 5 Exploits:
1️⃣ Multisig 0xde5f…e965: $27.3M
2️⃣ babur.sol: $22M
3️⃣ @TrustWallet: $8.5M
4️⃣ @UnleashProtocol: $3.9M
5️⃣ @flow_blockchain: $3.9M
Overall Losses Fell Sharply, But Key Management Failures & Phishing-Style Attacks Remain Critical Risk Vectors.
Source: PeckShieldAlert
#CryptoHack #CryptoPatel
UNLEASH PROTOCOL HACKED. MILLIONS VANISH.
1337.1 ETH ($3.9M) DUMPED INTO TORNADO CASH.
Smart contracts compromised. Admin control seized. Unauthorized upgrades triggered massive withdrawals. WETH, WIP, USDC, stIP, vIP gone. Exploiters bridged funds. Story Protocol contracts untouched. Unleash operations suspended. Avoid all interaction. Stay tuned to official channels only.
This is not financial advice.
#CryptoHack #Exploit #DeFi
1337.1 ETH ($3.9M) DUMPED INTO TORNADO CASH.
Smart contracts compromised. Admin control seized. Unauthorized upgrades triggered massive withdrawals. WETH, WIP, USDC, stIP, vIP gone. Exploiters bridged funds. Story Protocol contracts untouched. Unleash operations suspended. Avoid all interaction. Stay tuned to official channels only.
This is not financial advice.
#CryptoHack #Exploit #DeFi
DEBOT HACKED! $250K GONE!
Massive security breach. User wallet data leaked during a data center migration. Hackers exploited this to drain funds. Total loss: $250,000. Compensation is being processed. This is a wake-up call for all crypto users. Secure your assets NOW. The market is unforgiving.
Disclaimer: Not financial advice. DYOR.
#CryptoHack #DeBot #SecurityAlert #Blockchain 🚨
Massive security breach. User wallet data leaked during a data center migration. Hackers exploited this to drain funds. Total loss: $250,000. Compensation is being processed. This is a wake-up call for all crypto users. Secure your assets NOW. The market is unforgiving.
Disclaimer: Not financial advice. DYOR.
#CryptoHack #DeBot #SecurityAlert #Blockchain 🚨
🚨 XRP Security Alert: What Really Happened?
Recent incidents involving XRP have raised serious concerns—but here’s the truth: the XRP Ledger itself was NOT hacked. Losses occurred due to wallet breaches, browser extension exploits, software supply-chain attacks, and scams. This is a strong reminder for XRP holders to secure private keys, avoid risky extensions, and verify news sources before reacting.
$XRP
#XRP #CryptoHack #CryptoSecurity #BlockchainNews #XRPCommunity
Recent incidents involving XRP have raised serious concerns—but here’s the truth: the XRP Ledger itself was NOT hacked. Losses occurred due to wallet breaches, browser extension exploits, software supply-chain attacks, and scams. This is a strong reminder for XRP holders to secure private keys, avoid risky extensions, and verify news sources before reacting.
$XRP
#XRP #CryptoHack #CryptoSecurity #BlockchainNews #XRPCommunity
🚨 $7M Hack at Trust Wallet – They’re Covering the Losses! 🚀
Trust Wallet confirms 2,596 wallets were impacted in the recent $7 million hack and is committed to fully reimbursing affected users. 🛡️ The delay? Thousands of fraudulent or duplicate claims are flooding in, requiring a rigorous verification process. Expect updates as they sort through everything. This highlights the importance of secure wallet practices!
#TrustWallet #CryptoHack #Security #DeFi 🚨
Trust Wallet confirms 2,596 wallets were impacted in the recent $7 million hack and is committed to fully reimbursing affected users. 🛡️ The delay? Thousands of fraudulent or duplicate claims are flooding in, requiring a rigorous verification process. Expect updates as they sort through everything. This highlights the importance of secure wallet practices!
#TrustWallet #CryptoHack #Security #DeFi 🚨
FLOW COLLAPSES 42%: Exchanges Halt Trading Amid "Security Incident"—Chain Rollback Imminent?
$FLOW
Flow ($FLOW ) has capitulated, crashing 42% in a horrific sell-off following a confirmed "security incident". Major exchanges like Upbit and Bithumb immediately suspended deposits and withdrawals, trapping liquidity and causing panic.
The Flow Foundation is investigating Transaction Ingestion failures and potential exploits in the execution layer. Attackers may have exploited a vulnerability to mint or drain funds, prompting a potential "rollback" of the chain. A rollback would undo trades to erase the hacker's gains, but it is a nuclear option that destroys trust in finality.
If Flow rolls back, it signals the chain is centralized and mutable. This could permanently damage its reputation among institutional partners like Disney and NBA Top Shot who rely on stability. Validators are already furious, arguing a rollback creates "unbacked assets" for honest users.
Will the validators agree to the hard fork for a rollback? When exchanges re-open, a second wave of dumping from trapped users is likely.
This crisis pits the "Code is Law" ethos against the necessity of a bailout to save the ecosystem.
Should a blockchain EVER roll back transactions to fix a hack?
#FLOW #CryptoHack #BlockchainSecurity #Upbit
Flow ($FLOW ) has capitulated, crashing 42% in a horrific sell-off following a confirmed "security incident". Major exchanges like Upbit and Bithumb immediately suspended deposits and withdrawals, trapping liquidity and causing panic.
The Flow Foundation is investigating Transaction Ingestion failures and potential exploits in the execution layer. Attackers may have exploited a vulnerability to mint or drain funds, prompting a potential "rollback" of the chain. A rollback would undo trades to erase the hacker's gains, but it is a nuclear option that destroys trust in finality.
If Flow rolls back, it signals the chain is centralized and mutable. This could permanently damage its reputation among institutional partners like Disney and NBA Top Shot who rely on stability. Validators are already furious, arguing a rollback creates "unbacked assets" for honest users.
Will the validators agree to the hard fork for a rollback? When exchanges re-open, a second wave of dumping from trapped users is likely.
This crisis pits the "Code is Law" ethos against the necessity of a bailout to save the ecosystem.
Should a blockchain EVER roll back transactions to fix a hack?
#FLOW #CryptoHack #BlockchainSecurity #Upbit
See original
🚨 | XRP Security Alert: What Really Happened?
Recent incidents involving XRP have raised serious concerns—but here is the truth: the XRP Ledger itself was NOT hacked. Losses occurred due to wallet breaches, browser extension exploits, software supply chain attacks, and fraud. This is a strong reminder for XRP holders to protect private keys, avoid risky extensions, and verify news sources before reacting.
🚀 | But it will rise again very soon
$XRP
#XRP #CryptoHack #CryptoSecurity #BlockchainNews #XRPCommunity
Recent incidents involving XRP have raised serious concerns—but here is the truth: the XRP Ledger itself was NOT hacked. Losses occurred due to wallet breaches, browser extension exploits, software supply chain attacks, and fraud. This is a strong reminder for XRP holders to protect private keys, avoid risky extensions, and verify news sources before reacting.
🚀 | But it will rise again very soon
$XRP
#XRP #CryptoHack #CryptoSecurity #BlockchainNews #XRPCommunity
See original
Hacker breached Flow Network and withdrew tokens worth $3.9 million.
The Flow Network, known for its focus on Web3 games and NFTs, experienced a serious security incident. Recently, a hack was reported, resulting in the hacker managing to withdraw tokens worth approximately $3.9 million. This event once again highlights the vulnerability of blockchain projects to cyberattacks, regardless of their popularity and technological foundation.
See original
Trust Wallet announces compensation for victims of the hack amounting to 7 million dollars
Trust Wallet confirmed that 2,596 wallets were affected by the recent hack which resulted in financial losses of 7 million dollars. The company stated that it is committed to compensating all affected users, but emphasized the need for strict verification measures, given the presence of thousands of fake or duplicate claims.
The company confirmed that the goal of this verification is to ensure that compensations reach the rightful owners only, and to protect users' funds from any exploitation. Trust Wallet also urged affected users to provide accurate and reliable information to expedite the compensation process.
This step comes as part of Trust Wallet's effort to restore community trust and ensure the platform's security after the incident, highlighting the importance of security vigilance and transparency in dealing with any future breaches.
#TrustWallet #CryptoNews #CryptoSecurity #Blockchain #CryptoHack
Trust Wallet confirmed that 2,596 wallets were affected by the recent hack which resulted in financial losses of 7 million dollars. The company stated that it is committed to compensating all affected users, but emphasized the need for strict verification measures, given the presence of thousands of fake or duplicate claims.
The company confirmed that the goal of this verification is to ensure that compensations reach the rightful owners only, and to protect users' funds from any exploitation. Trust Wallet also urged affected users to provide accurate and reliable information to expedite the compensation process.
This step comes as part of Trust Wallet's effort to restore community trust and ensure the platform's security after the incident, highlighting the importance of security vigilance and transparency in dealing with any future breaches.
#TrustWallet #CryptoNews #CryptoSecurity #Blockchain #CryptoHack
🚨 $FLOW Just Hit a HUGE Roadblock! 🤯
Flow’s attempt to fix a $3.9 million hack is backfiring spectacularly. Validators voted to revert the blockchain to before the attack, but key partners like deBridge were left completely in the dark.
DeBridge co-founder Alex Smirnov says Flow’s claim of coordinating with ecosystem partners is simply false, and this rollback could actually harm the entire network. 😬 They weren’t notified beforehand, and Flow only reached out after Smirnov publicly called them out!
The big question? Even if they roll back, the hacker already moved the stolen funds. Is this fix actually solving anything? This is a massive test for the Flow ecosystem and how it handles crises.
#FlowBlockchain #DeFiSecurity #BlockchainNews #CryptoHack 💥
Flow’s attempt to fix a $3.9 million hack is backfiring spectacularly. Validators voted to revert the blockchain to before the attack, but key partners like deBridge were left completely in the dark.
DeBridge co-founder Alex Smirnov says Flow’s claim of coordinating with ecosystem partners is simply false, and this rollback could actually harm the entire network. 😬 They weren’t notified beforehand, and Flow only reached out after Smirnov publicly called them out!
The big question? Even if they roll back, the hacker already moved the stolen funds. Is this fix actually solving anything? This is a massive test for the Flow ecosystem and how it handles crises.
#FlowBlockchain #DeFiSecurity #BlockchainNews #CryptoHack 💥
$FLOW HACKED. 3.9M GONE.
Entry: 0.097 🟩
Target 1: 0.17 🎯
Stop Loss: 0.09 🛑
$FLOW EXPLODES DOWN 46% AFTER MASSIVE HACK. 3.9 MILLION VANISHES. Attackers dumped assets through bridges. Network shut down withdrawal ports. Exchanges paused deposits and withdrawals. User funds are SAFU. This FUD triggered a brutal panic sell. $FLOW crashed to 0.097. Bears are in full control. RSI is oversold. 0.1 is the last stand. Break below could mean further collapse. A strong bounce is needed to reclaim 0.17. This is a critical moment.
Disclaimer: For informational purposes only. Not investment advice.
#FLOW #CryptoHack #Trading
Entry: 0.097 🟩
Target 1: 0.17 🎯
Stop Loss: 0.09 🛑
$FLOW EXPLODES DOWN 46% AFTER MASSIVE HACK. 3.9 MILLION VANISHES. Attackers dumped assets through bridges. Network shut down withdrawal ports. Exchanges paused deposits and withdrawals. User funds are SAFU. This FUD triggered a brutal panic sell. $FLOW crashed to 0.097. Bears are in full control. RSI is oversold. 0.1 is the last stand. Break below could mean further collapse. A strong bounce is needed to reclaim 0.17. This is a critical moment.
Disclaimer: For informational purposes only. Not investment advice.
#FLOW #CryptoHack #Trading
TRUST WALLET HACKED. ASSETS BLEEDING OUT.
2630+ claims. 10x normal volume. Forensic investigation underway. Google flagged compromised wallets. Move assets NOW if you see a warning. Over $7 MILLION LOST in BTC, ETH, SOL. This is a critical security wake-up call.
Disclaimer: Not financial advice.
#CryptoHack #TrustWallet #SecurityAlert #Fomo 🚨
2630+ claims. 10x normal volume. Forensic investigation underway. Google flagged compromised wallets. Move assets NOW if you see a warning. Over $7 MILLION LOST in BTC, ETH, SOL. This is a critical security wake-up call.
Disclaimer: Not financial advice.
#CryptoHack #TrustWallet #SecurityAlert #Fomo 🚨
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