Turkish cryptocurrency exchange BtcTurk experienced a significant cyber attack on June 22, 2024. The attack compromised some of the exchange's hot wallets, leading to the theft of approximately $55 million worth of AVAX. The stolen AVAX, amounting to 1.96 million tokens, was transferred to various exchanges, including Coinbase, Binance, and Gate, and used cross-chain bridges like THORChain. Binance has frozen over $5.3 million in stolen funds and is assisting BtcTurk with the investigation. The hacker reportedly sold the stolen AVAX to purchase Bitcoin. As a result of these events, AVAX's price fell by 10%.
A MakerDAO governance delegate lost $11M worth of Aave Ethereum (aEthMK) and Pendle USDe tokens in a phishing scam on June 23. Scam Sniffer detected the incident, revealing the delegate fell victim after signing multiple phishing signatures. https://t.co/8oF5xx1OhH
Victim loses $11 million to permit phishing June 23, 2024 https://t.co/ORtb8BGZWR
According to Scam Sniffer, a MakerDAO governance delegate has lost $11 million in aEthMKR and Pendle USDe tokens after falling victim to a phishing scam https://t.co/u8hxstDLHT
🟡@binance CEO Richard Teng revealed that the exchange is assisting in an investigation against Turkish crypto exchange BtcTurk, with over $5 million in stolen funds frozen. https://t.co/FqYrSCpR9d
Turkish crypto exchange BtcTurk says it was attacked, some hot wallets compromised https://t.co/n6hbrwLk7l
[COINTELEGRAPH] #Binance assists #BtcTurk attack probe, freezes $5.3M in 'stolen funds'
Someone lost $11.1M in a phishing attack 5 hrs ago! He was exploited for 3,657 $MKR($8.7M) and 2.56M PT Ethena tokens($2.4M). The exploiter sold 3,657 $MKR for 2,502 $ETH($8.7M), causing the price of $MKR to drop by 7%. And swapped 2.56M PT Ethena tokens for 689 $ETH($2.41M).… https://t.co/PNcQNCZ9Pc
According to Scam Sniffer, 5 hours ago, a user lost $11 million worth of aEthMKR and Pendle USDe tokens because he signed multiple Permit phishing signatures. Victim address: 0xfb...accfa, scammer address: 0x73...bb96. Arkham shows that the victim: 0xfb...accfa is a MakerDAO…
Someone lost $11.1M in a phishing attack 4 hrs ago! He was exploited for 3,657 $MKR($8.7M) and 2.56M PT Ethena tokens($2.4M). The exploiter sold 3,657 $MKR for 2,502 $ETH($8.7M), causing the price of $MKR to drop by 7%. And swapped 2.56M PT Ethena tokens for 689 $ETH($2.41M).… https://t.co/tyEkSAM019
📣 Latest News: Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds' #news #cryptonews #crypto
MKR crashed from ~$2470 to ~$2255 within 15 minutes. But what happened? It seems that someone got phished for ~$8.5M worth of MKR on his AEVO position: https://t.co/SVlLZZn4U5
#AVAX Declines Amid Onchain Analyst's Discovery of Major Transfers https://t.co/xAj9Vlx0OQ
Binance freezes $5 million in funds looted from BtcTurk after alleged $54 million hack of Turkish exchange https://t.co/NMJPPg95YG
BtcTurk has temporarily suspended all crypto deposits and withdrawals after a massive cyber attack. Here's the latest https://t.co/FdFh8kt1DX
BtcTurk exploited for at least $55 million June 22, 2024 https://t.co/kXElpQWyIQ
Binance is assisting BtcTurk with investigations and have frozen over $5.3M in stolen funds so far. Our investigations & security teams work around the clock as part of our proactive efforts to protect the ecosystem from bad actors. We will provide further updates as relevant. https://t.co/8j6uMgOPm6
Big exchange hack last night. ~2M AVAX affected. https://t.co/BRQhzWpYPm
Millions in #Bitcoin Withdrawn After 1.96 Million #AVAX Transferred to Exchanges: @zachxbt https://t.co/xAj9Vlx0OQ
Hacker stole $55 million worth of #Avax from @btcturk , one of Turkey's largest cryptocurrency exchanges, and sold them to buy #BTC. He is using this 2 wallet bc1q7pkc7h8td55s4em7tmlvd42wahjd4hm8lf035n bc1qezradgkklz3gczk9jjzn922ye7pgj4yd9pnupv https://t.co/vMdsZLrkzW
BtcTurk, one of Turkey's largest cryptocurrency exchanges, said it was attacked on June 22, and cryptocurrency deposits and withdrawals have been stopped. Officials said that some balances in the hot wallets of 10 cryptocurrencies were affected, and the cold wallets that hold…
$AVAX down 10% 👀 @avax https://t.co/1uNURvM5Oj
According to ZachXBT’s investigation, AVAX has fallen 10% in the past few hours, most likely because an entity (0x32...4f30) began to transfer 1.96 million AVAX (worth $54.2 million) to Coinbase, Binance, Gate, and used cross-chain bridges such as THORChain for transfers.…
Wow $AVAX just straight up rugging now. Idk how it came to this. Am i wrong or is the guy who just puked $50m avax in 1 hour wrong? RIP my portfolio lol 🙃