Bitrue Exchange Hacked for Millions in ETH, SHIB, and MATIC
- Centralized Exchange
- Security
Singapore-based Bitrue crypto exchange got hit hard, with hackers siphoning off tokens including Ethereum, Shiba Inu, and MATIC from Polygon. The exact amount stolen wasn’t disclosed immediately, but CT estimated losses in the millions based on on-chain data. This breach added to the growing list of exchange vulnerabilities, with users on X screaming about hot wallet security. It was another reminder for CT to never keep funds on centralized platforms.
Incident Details
- Type
- EXCHANGE HACK
- Funds Lost
- $5M
- Status
- Ongoing
Bitrue likely paused withdrawals temporarily to assess damage while CT tracked stolen funds on-chain.