{"id":77225,"date":"2023-04-14T13:52:50","date_gmt":"2023-04-14T10:52:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77225"},"modified":"2025-09-10T22:03:49","modified_gmt":"2025-09-10T19:03:49","slug":"bitrue-crypto-exchange-hacked-for-about-23-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitrue-crypto-exchange-hacked-for-about-23-million\/","title":{"rendered":"Bitrue crypto exchange hacked for about $23 million"},"content":{"rendered":"<p>Singapore-based crypto exchange Bitrue confirmed a hacking incident in which attackers were able to withdraw assets worth approximately $23 million.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">2\/4: The attackers were able to withdraw assets worth approximately 23M USD in ETH, QNT, GALA, SHIB, HOT and MATIC. The affected hot wallet only holds less than 5% of our overall funds. The rest of our wallets remain secure and have not been compromised.<\/p>\n<p>\u2014 Bitrue (@BitrueOfficial) <a href=\\\"https:\/\/twitter.com\/BitrueOfficial\/status\/1646811222451580928?ref_src=twsrc%5Etfw\\\">April 14, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>An unknown actor withdrew assets in ETH, QNT, GALA, SHIB, HOT and MATIC.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;The compromised wallet holds less than 5% of our total funds. The rest remain secure and have not been hacked,\\&#8221; the team clarified.<\/p>\n<\/blockquote>\n<p>Bitrue said they were conducting a security review and temporarily halting withdrawals. The withdrawals feature was promised to resume on April 18.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;All identified users affected by this incident will receive full compensation,\\&#8221; the exchange representatives added.<\/p>\n<\/blockquote>\n<p>According to Arkham, the damage from the hacker attack amounted to $24.2 million. Experts noted that the assets are stored at an address beginning with \\&#8221;0x181\\&#8221;. The unknown actor swapped the funds into 8858 ETH, but kept most of the SHIB and HOT.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Bitrue <a href=\\\"https:\/\/twitter.com\/BitrueOfficial?ref_src=twsrc%5Etfw\\\">@BitrueOfficial<\/a> has been exploited this morning for around $24.2M worth of tokens, mainly in QNT, GALA and SHIB.<\/p>\n<p>The tokens currently reside in 0x181, having been swapped to 8.858K Ether.<\/p>\n<p>Interestingly, the hacker has kept most of the SHIB and HOT.<\/p>\n<p>Stay safe! <a href=\\\"https:\/\/t.co\/SorQHYpWZf\\\">https:\/\/t.co\/SorQHYpWZf<\/a> <a href=\\\"https:\/\/t.co\/5Otj45uwlE\\\">pic.twitter.com\/5Otj45uwlE<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a href=\\\"https:\/\/twitter.com\/ArkhamIntel\/status\/1646826256468516867?ref_src=twsrc%5Etfw\\\">April 14, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In June 2019, Bitrue suffered more than $4 million in losses\u2014the hacker exploited a vulnerability in the platform&#8217;s risk-control system, gaining access to roughly 90 user accounts. He managed to withdraw assets in XRP and ADA.<\/p>\n<p>In spring 2023, unknown attackers stole from the hot wallet of the South Korean bitcoin exchange GDAC digital currencies <a href=\"https:\/\/u1f987.com\/en\/news\/gdac-cryptocurrency-exchange-hacked-for-nearly-13-million\">approximately $13 million<\/a>, which accounted for ~23% of the platform&#8217;s total assets.<\/p>\n<p>In 2022, the cumulative damage to the crypto industry from hacks, bankruptcies and other incidents <a href=\"https:\/\/u1f987.com\/en\/news\/report-aggregate-losses-by-users-and-investors-in-2022-exceeded-63-9-billion\">exceeded $63.9 billion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-based crypto exchange Bitrue confirmed a hacking incident in which attackers were able to withdraw assets worth approximately $23 million.<\/p>\n","protected":false},"author":1,"featured_media":77226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1154],"class_list":["post-77225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=77225"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77225\/revisions"}],"predecessor-version":[{"id":77227,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77225\/revisions\/77227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/77226"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=77225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=77225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=77225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}