The Turkish Crypto Trade Btcturk has been focused by main cyber assaults, ensuing within the stolen of roughly $48 million in digital belongings.

On August 14, blockchain safety firm Cyvers reported that stolen funds had been moved to a number of networks together with Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle and Polygon.

Most belongings are reportedly transferred to solely two addresses, and attackers have reportedly begun exchanging them.

Btcturk confirmed the hack in X’s put up, highlighting that solely the recent pockets was affected. The corporate is without doubt one of the largest crypto exchanges within the nation, with over 5 million customers.

In response to the corporate:

“Totally different exercise was detected within the sizzling pockets throughout a examine performed on August 14, 2025. As a precaution, cryptocurrency deposits and withdrawal transactions have been quickly suspended. These companies might be reactivated as soon as work is full.”

The corporate has assured customers that many of the belongings remained securely saved in chilly wallets and that the incident is not going to have an effect on buyer holdings. It added that buying and selling operations and LIRA transactions in Türkiye are persevering with usually.

Btcturk added that the authorities have been notified and are coordinating carefully with the cybersecurity group to make sure their infrastructure.

The assault led to an enormous lack of over $55 million, following an analogous incident a couple of 12 months in the past when Btcturk’s sizzling pockets was focused.

On the time, the change revealed that whereas solely a portion of the ten cryptocurrencies within the sizzling pockets have been affected, chilly pockets retention remained touched.

Intensive change throughout assault

This newest Btcturk hack incident might be added to the expansion checklist of centralized crypto buying and selling platforms for assaults skilled this 12 months.

Initially of the 12 months, one of the crucial outstanding crypto exchanges, BYBIT, suffered from a hack that stole round $1.5 billion in Ethereum tokens.

Since then, different main crypto buying and selling platforms, similar to India-based CoindCX, have additionally misplaced over $44 million.

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