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Bitopro Exchange Hack: $11M Breach Sparks Questions About True Scale
Bitopro Exchange Hack: $11M Breach Sparks Questions About True Scale
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Another day, another crypto exchange with a ’minor security incident’—this time Bitopro joins the club with an $11M ’theft.’
Behind the headline: The Taiwanese platform claims ’only’ $11M was siphoned, but the crypto community smells blood. When exchanges underreport hacks, it’s usually to avoid panic—or regulatory heat.
Why it matters: Trust evaporates faster than a memecoin’s liquidity when security fails. Exchanges preach ’self-custody’ until they need your coins to balance their books.
Finance jab of the day: Traditional banks get bailouts after collapses. Crypto exchanges? They just get ’rebranded’—and somehow keep operating.
Something strange happened on May 8, 2025. BitoPro, Taiwan’s top crypto platform, unexpectedly entered "maintenance mode." No warning. No alert. Just silence. Read More
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