The security of cryptocurrency exchanges is still weak. Not even a month will pass, so at least one will not lose money after a hacker attack. The last case is the Singapore cryptocurrency exchange Bitrue, which has announced that hackers have stolen cryptocurrencies for millions of dollars.
Bitrue announced today that its 9.3 million XRP and 2.5 million ADA have disappeared from its wallets. Because of this, the Stock Exchange suspended its operation. Hackers have stolen cryptocurrencies, among other things, on the Huobi, Bittrex, and ChangeNOW exchanges, which have frozen their accounts with Bitrue.
Clients reportedly do not lose anything because their money remains insured and all losses will be covered by the stock exchange, Bitrue confirmed. To her credit, it must also be attributed to the fact that the Exchange did not conceal anything and was completely transparent. She did not try to reassure clients by claiming that in such cases it was a common habit that it was a routine maintenance of systems.