btcturk

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

According to market sources, Turkish cryptocurrency exchange #btcturk has suffered another hacking incident, resulting in losses of approximately $48 million.
This follows a previous attack reported on August 14 last year, when BtcTurk was hacked and lost around $49 million.
#CryptoScam #BTC

In an unexpected development following a recent cyberattack, BTCTurk has announced the delisting of Luna Classic (LUNC) from its platform. This decision comes amid significant market activity and security concerns. Here's what you need to know:
This decision does not affect other nine cryptocurrencies listed on BTCTurk affected by the attack. Transactions will continue as usual, adhering to the same security principles, including those impacted by the recent cyberattack.
This announcement marks a significant turn of events as BTCTurk navigates the aftermath of the security breach. Users are encouraged to stay informed through official BTCTurk channels for any further updates.

#btcturk #cryptohack #lunc

One of Turkey’s biggest crypto exchanges, BtcTurk, has hit the headlines today after suspicious activity was detected in its hot wallets, forcing the platform to suspend all deposits and withdrawals.

🔑 Key Updates:

Suspicious transactions spotted on August 14, 2025.

Estimated losses: between $23M – $50M.

Cold wallets remain safe (majority of user funds are secure).

Trading with Turkish Lira is still running.

Authorities and security teams are investigating.

💡 Why It Matters:
This incident once again highlights the risks of hot wallets. Even trusted platforms can face breaches—making cold storage and personal wallet security more important than ever.

📉 Impact:
Such hacks often shake market confidence and bring increased regulatory pressure. Expect more discussions around exchange security standards in the coming weeks.

❓ Community Question:
Do you still trust centralized exchanges for holding funds, or do you prefer keeping assets in self-custody wallets?

#HotTopic
#CryptoSecurity #BtcTurk