Crypto Currency

Hackers steal $4.2 million from cryptocurrency exchange Bitrue

Singaporean cryptocurrency exchange Bitrue has been hacked, with the perps making off with roughly $4.2 million worth of cryptocoins XRP and ADA.  The incident happened at 1 a.m. GMT+8 on June 27, with the hacker exploiting a vulnerability in the company’s “Risk Control team’s 2nd review process to access the personal funds of about 90…


Singaporean cryptocurrency exchange Bitrue has been hacked, with the perps making off with roughly $4.2 million worth of cryptocoins XRP and ADA. 

The incident happened at 1 a.m. GMT+8 on June 27, with the hacker exploiting a vulnerability in the company’s “Risk Control team’s 2nd review process to access the personal funds of about 90 Bitrue users,” the company said on Twitter. 

The hacker stole 9.3 million XRP and 2.5 million ADA coins in total, moving it to other exchanges. Bitrue says the attack was detected fast, and that the situation is now “under control.” The company aims to return 100 per

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