Bitopro Confirms $11M Hack, Taiwanese Crypto Exchange Says It Recovered Lost Funds
Details of the May hack were first revealed by blockchain detective and Paradigm consultant ZachXBT.
BitoPro, a Taiwanese crypto exchange, has confirmed a cyberattack on an old hot wallet in May that resulted in losses of over $11 million.
The exchange has replenished the stolen funds, moved the assets to new wallets, and assured that users' assets were not affected.
BitoPro Partners With Cybersecurity Firm to Investigate Hack, Plans to Publish New Hot Wallet Addresses for Transparency Taiwanese crypto exchange BitoPro has confirmed to CoinDesk that it suffered a cyberattack on an old hot wallet in May, resulting in losses of over $11 million.
The company said it immediately replenished the stolen funds and moved the assets to new wallets to prevent further losses.
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