Exchanges

Bitrue Hacker is moving the stolen funds to Huobi, Bittrex, Exmo and ChangeNOW

The hackers who stole approximately $4 million worth of Ripple XRP and ADA Coins from Singapore cryptocurrency exchange Bitrue on June 27 are now moving some of those coins to different addresses and exchanges such as Huobi, Bittrex and ChangeNOW

The hackers seem to be trying to cash out by moving the stolen coins to cryptocurrency exchanges, Yet Bitrue’s team are hunting down the hackers and following these transactions.

XRP address that belongs to the hacker.

Both of Exmo, Bittrex and Houbi exchanges have frozen the hacker account after Bitrue team reported them.

Bitrue will issue a refund to all of it’s affected users. And all of trading services are now resumed on Bitrue.

Sying Tien

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at sying.tien@thecoinspost.com and i will get back to you shortly.

Recent Posts

French Police Arrest Crypto Kidnappers After Finger Cutting

Paris, France – French police arrested several suspects this week tied to disturbing May… Read More

5 days ago

PayPal USD Plans to Use Stellar for New Use Cases

PayPal just announced big plans for its stablecoin. The company wants to bring PayPal USD… Read More

5 days ago

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

1 year ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

1 year ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

1 year ago

No Evidence of Hack, Says Bitfinex CTO Amid Ransomware Gang’s Allegations

In the world of cybersecurity, claims of data breaches can cause significant concern and speculation.… Read More

1 year ago