BtcTurk, Turkey’s most popular cryptocurrency platform hacked. Company detected a cyberattack on June 22, 2024 that caused out-of-control withdrawals. The attack affected some of the balances in hot wallets of some cryptocurrencies. Assets held in cold wallets are safe. BtcTurk also officially announced the details of this incident and the measures taken.

BtcTurk was hacked: Cyber attack targeted cryptocurrency wallets

BtcTurk teams took swift action following the cyber attack that took place on June 22, 2024. Only some of the balances in the hot wallets of 10 cryptocurrencies were affected in the attack, and most of the assets are kept safe in cold wallets. The security of cold wallets has once again shown its importance.

Since BtcTurk’s financial strength far exceeds the amounts affected by this attack, user assets will not be affected by these losses. BtcTurk teams are conducting detailed investigations and cooperating with the authorities.

As a precautionary measure, cryptocurrency deposits and withdrawals on the BtcTurk platform have been temporarily suspended. If you wish, you can follow the current status of transactions here.

In short, BtcTurk has taken all necessary measures to ensure the security of user assets after this cyber attack. The company sees the incident as an opportunity to review and further strengthen the platform’s security systems and protocols.