The Crypto Exchange BTCTURK Experience of $ 48M worth of weakness -We are in the middle of fears of hacking

Around $ 48 million worth of cryptocurrency has been moved from dompets tied to the Turkish exchange BTCTURK, which raises fear of a potential hack.

The incident involved in large transfers of ether (Et)Avalanche’s Avax (AVAX)‘Arbitrum’s ARB (ARB)Base (Base)OP of optimism (Op)Mantle

and matic by Polygon (Matic)with most funds combined with two recipient addresses.

Blockchain Tracking Cyvers that -flag the activityalerts alerts a target exploitation rather than routine operational movements.

Cyvers added that it is in contact with BTCTURK, which takes “immediate action” and has been suspended deposits and backwards.