🚨 Turkish crypto exchange STOPS Withdrawals after $48 million hack!

BtcTurk, a Turkish crypto exchange, has temporarily suspended withdrawals after detecting "unusual activity" in their hot wallets. The cybersecurity firm Cyvers reported detecting $48 million in digital assets involved in the unusual activity. The assets, which included $ETH, $AVAX, and $MATIC, were moved to two addresses and are being swapped.

BtcTurk assured users that most of their assets are held in secure cold wallets and that user funds are safe. This is a developing story, but it highlights a critical point: hot wallets are a major attack vector for hackers. While trading and local currency withdrawals remain active, this is a serious event for BtcTurk.

Stay vigilant out there, and remember that keeping your assets in a secure cold wallet is the best way to protect yourself! #Scamalert #Scam #Hacking #Hack #Fraud