BTCC
/
BTCC Square
/
CoindeskEN
/
BitoPro Bleeds $11M in Suspected Hack—Another ’Secure’ Exchange Stumbles
BitoPro Bleeds $11M in Suspected Hack—Another ’Secure’ Exchange Stumbles
13
3
Taiwan’s BitoPro joins the crypto hall of shame after blockchain sleuth ZachXBT fingers it as the latest exchange to cough up millions to hackers. The alleged May breach—now surfacing—shows $11M vanishing faster than a trader’s profits during a leverage wipeout.
Another day, another ’foolproof’ security system bypassed. When will exchanges learn? Cold wallets exist for a reason.
Meanwhile, institutional investors keep pouring billions into ’regulated’ platforms—because nothing says ’safe’ like a 24/7 hacking buffet.
By:
Previous
Metaplanet Doubles Down on Bitcoin—Now Holds $930M in BTC After Latest 1,088 Coin Purchase
Next
Ethereum Wallet Drainers Strike Post-Pectra—But Fail Miserably, Says Wintermute
