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Security Incident · ETH Ecosystem

Bitrue Wallet Theft: $23.00M Reported Loss

·Historical incident record

Bitrue tweeted: We have identified a brief exploit in one of our hot wallets on 07:18 (UTC), 14 April 2023.

Reported loss
$ 23,000,000
Attack category
Wallet Stolen

Incident Overview

We were able to address this matter quickly and prevented the further exploit of funds. The attackers were able to withdraw assets worth approximately 23M USD in ETH, QNT, GALA, SHIB, HOT and MATIC. The affected hot wallet only holds less than 5% of our overall funds. The rest of our wallets remain secure and have not been compromised.To conduct additional security checks, Bitrue will temporarily suspend all withdrawals and will reopen withdrawals on 18 April 2023. We seek your understanding and patience at this time. All identified users who are affected by this incident will be compensated in full.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.