Ripple News

Bitrue Exchange Hacked, XRP and Cardano (ADA) Stolen

The latest exchange hack affected Bitrue, a Singapore market operator, targeted exclusively Ripple’s XRP and Cardano (ADA). Bitrue lost between $4 and $5 million worth of digital assets, promising to refund the losses 100%. The relatively small heist shows that exchanges are still vulnerable to thefts, also depending on the technicalities of each separate asset.

Bitrue reacted immediately, explaining the hack in a Twitter thread:

The funds were moved to several leading exchanges, including Huobi, Bittrex, ChangeNOW,, and, reported TheNextWeb. Huobi, Bittrex, and ChangeNOW cooperated to free…

This article appeared first on Cryptovest

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