Binance CEO spoke for BtcTurk: Here are the latest developments

Daniel

BinanceCEO Richard Teng on June 22 subjected to cyber attack He made comments about the local cryptocurrency exchange BtcTurk. Teng stated that they are active in investigating the attack.

Binance CEO stated in his post on his X account that they froze over $5.3 million in crypto assets from the stolen funds:

Making a statement after the attack, BtcTurk stated that the hackers only accessed a part of the balance on hot wallets, while most of the exchange assets were in cold wallets.

Have BtcTurk withdrawal processes been activated?

Local cryptocurrency exchange BtcTurk made new statements on its official page this morning, following the attack that took place yesterday. Stating that the work on the attack continues, the authorities announced that the withdrawal processes in ERC-20 cryptocurrencies have started again.

The following words were included in the announcement made at 08.06:

Our work on the cyber attack we previously announced is continuing within the Company and together with relevant stakeholders. Deposit and withdrawal processes of all ERC20 cryptocurrencies from the ERC20 network have been opened. Cryptocurrency deposit and withdrawal processes subject to cyber attacks will be opened gradually once the detailed studies of our cyber security groups are completed.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.

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