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Bittrue Exploited for $24.4 Million in Tokens

Bitrue, a cryptocurrency exchange, has been exploited for roughly $24.4 million in tokens. The exchange confirmed the breach on Twitter, stating that they identified a brief exploit in one of their hot wallets and were able to prevent further exploitation of funds. Attackers were able to withdraw assets in ether, QNT, GALA, SHIB, HOT, and MATIC, but only exploited a hot wallet that holds less than 5% of its overall funds. Bitrue suspended all withdrawals temporarily and plans to reopen them on April 18, compensating all identified users affected by the incident in full. The tokens are currently held in an address starting with 0x181, and the exploiter swapped for 8,858 ether but kept most of the stolen SHIB and HOT tokens.

(By Adam James)

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