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Bitopro Exchange was hit by $ 11.5m outflows in potential exploitation


Taiwan -based cryptocurrency exchange Bitopro appears to have experienced a security incident after more than $ 11.5 million in crypto was drained from its hot wallets on May 8.

The weakening transactions, which occurred in hot wallets in Ethereum, Tron, Solana and Polygon, saw flow of ownership of decentralized exchanges (DEX) where they were marked as sold, According to In the onchain investigator zachxbt.

The exchange is still “not disclosed the security incident in X or Telegram a few weeks later,” ZachXBT said in an X post.

The exchange did not confirm the incident.

Bitopro weakening transactions, notice. Source: Zachxbt

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Blockchain data shows the property -deposited in the cryptocurrency mixer Tornado Cash or Bitcoin -BRID through Thorchain, patterns that hackers often use to produce unexplained and unreliable funds.

On May 9, the Bitopro announced a time of maintenance for the exchange, which is resolved on the same day. However, many users have since reported not to remove USDT (USDT).

The cointelegraph reached out to Bitopro for comment but did not receive a response at the time of publication.

Hackers continue to stand for the growing amount locked in exchanges and decentralized financial protocols (DEFI).

The SUI community passed the funds of the frozen cetus. Source: Sui

On May 22, decentralized exchange Cetus took advantage of more than $ 220 millionBut validators Managed to Flreeze $ 162 millionthat subsequently returned to protocol after a Vote on Management May 30th.

Related: Hoskinson promises to be audited, is ‘deeply injured’ by $ 600m Cardano Treasury Claims

This is a story development, and further information will be added as it is available.