The cryptocurrency AVAX has dropped by 10% as an entity transferred 1.96 million AVAX worth $54.2 million to various platforms. BtcTurk, a major Turkish exchange, was hacked with approximately $55 million stolen and funds frozen by Binance.
Binance freezes $5 million in funds looted from BtcTurk after alleged $54 million hack of Turkish exchange https://t.co/NMJPPg95YG
BtcTurk exploited for at least $55 million June 22, 2024 https://t.co/kXElpQWyIQ
Big exchange hack last night. ~2M AVAX affected. https://t.co/BRQhzWpYPm
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 🙃