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Turkey's largest bitcoin exchange, BTCTurk, was hackedstatus.btcturk.com/
501 sats \ 9 comments \ @k00b 23 Jun bitcoin
Our teams have identified that on June 22, 2024, a cyber attack occurred that led to unauthorized withdrawals from our platform. Only a portion of the balances in the hot wallets of 10 cryptocurrencies were affected by this cyber attack, and the majority of the assets held in our cold wallets remain secure.
BtcTurk's financial strength far exceeds the amounts affected by this attack, and user assets will not be impacted by these losses.
Our teams are conducting detailed investigations into the matter. Additionally, we have contacted official authorities. As a precaution, cryptocurrency deposit and withdrawal operations have been suspended and will be reopened as soon as our work is completed. You can follow the latest status of transactions at https://status.btcturk.com.
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100 sats \ 2 replies \ @WeAreAllSatoshi 23 Jun
the majority of the assets held in our cold wallets remain secure.
Does this mean that the majority of their assets are held in cold storage, and none of those were affected? Or, that most of the assets that were in cold storage were unaffected, implying some that were in cold storage were affected?
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100 sats \ 1 reply \ @k00b OP 23 Jun
Good question. I read it like the former, but it could be the latter. This was translated from Turkish so it could be the translation's fault.
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10 sats \ 0 replies \ @WeAreAllSatoshi 23 Jun
I assume they meant the former. That’s the reasonable expectation with the assets being held cold. But to me, it reads like the latter. It’s probably a translation issue
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10 sats \ 0 replies \ @grayruby 23 Jun
Another unfortunate lesson in why people should get coins off of exchanges.
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10 sats \ 0 replies \ @TNStacker 23 Jun
https://m.stacker.news/36699
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0 sats \ 0 replies \ @Satosora 6 Jul
oh man, even cold storages are at risk? Why? Do they have a copy of the private keys?
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0 sats \ 0 replies \ @DarthCoin 24 Jun
Another inside job? As usual ?
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0 sats \ 0 replies \ @BlokchainB 23 Jun
Damn!
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0 sats \ 0 replies \ @riberet19 23 Jun
Not your keys not your coins... the same problem as always
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