Singapore Bitrue crypto exchange hacked for US $ 4.3 million

On Thursday, the Bitrue exchange house in Singapore was the target of a new attack by cybernetic pirates who gained access to the platform and stole ada and xrp crypto assets which ammount to US $ 4.3 million.

With this new attack the platform activated its security system, suspended the transactions of the users, to whom it sent an alert message about the hack. It is important to note that the case occurred due to “a vulnerability in the second review process carried out by the company’s Risk Control Team.”

In this way, the pirates entered Bitrue and appropriated the wallets of 90 users, transferred 9.3 million xrp coins and 2.5 million ADA units to different platforms.

As a preventive measure, the exchange house made available to customers a link through which they have the option to verify the transactions carried out by the hackers during the attack and which consisted, according to the company, in 16 operations that allowed them to move between 100,000 and 200,000 units of XRP towards wallets belonging to Huobi and Bittrex.

When the attack was detected, Bittrex, HuobiGlobal, ChangeNOW and EXMO security teams started working. The four companies proceeded to freeze the accounts that received the funds coming from the theft. Users affected received the notification through an email.

Despite the attack on Thursday, Bitrue reinforces its slogan: “Safety, Speed ​​and Simplicity.” The control tasks are maintained to provide peace of mind to its customers, who come from 40 percent of Indonesia, Taiwan, India, Vietnam and the United States, but serves a total of users from more than 80 countries. One positive news that could be known during this incident is the next release of the Bitrue native token, BTR, “in pairs negotiable with Ripple (XRP), Tether (USDT), Bitcoin (BTC) and Ethereum (ETH).

M.Pino

Source: Bitcoin.es