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

Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

The mysterious identity of Satoshi Nakamoto, the inventor of Bitcoin, has been burning question… Read More

1 week ago

P2P NFT Trading Platform Faces Breach: Users Urged to Take Immediate Action

NFT Trader, peer-to-peer (P2P) trading platform, recently experienced a security breach leading to the… Read More

3 months ago

Fireblocks buys Australian blockchain start-up BlockFold

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a… Read More

6 months ago

Former IcomTech CEO Admits Guilt in Cryptocurrency Ponzi Scheme

In recent development, Marco Ochoa, the former CEO of IcomTech, has pleaded guilty to… Read More

6 months ago

Binance Announces Complete Exit from Russia, Selling Business to CommEX

In significant development for the cryptocurrency world, Binance, one of the leading global cryptocurrency… Read More

6 months ago

Robert Kiyosaki’s Bold Prediction: Citibank Tokens vs. Bitcoin and the US Dollar

In recent tweet that sent shockwaves through the cryptocurrency community, renowned author and financial… Read More

6 months ago