The price of the flagship digital coin Bitcoin sharply dropped to levels near $118,000. Just last night, it reached historic highs of around $124,000, and then the quotes corrected and the cryptocurrency traded at nearly $122,000. However, after news of the attack on the Turkish exchange BtcTurk, the price of 'digital gold' sharply fell. The price of Ethereum (ETH) also decreased to daily lows of $4,500.
The blockchain security team PeckShield confirmed the information that the Turkish cryptocurrency exchange BtcTurk was subjected to a hacker attack. Analysts reported that as a result of the attack, the attackers stole approximately $49 million in digital assets. According to Cyvers Alerts, about 1.5 hours ago, their system detected suspicious activity in several networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon.
Data analysis shows that most of the stolen digital assets are stored on Ethereum — about $38.65 million (79% of the total amount). The remaining cryptocurrencies are distributed among Avalanche ($4.33 million), Arbitrum ($1.89 million), Optimism ($1.26 million), Base ($833,000), zkSync Era ($638,000), Sonic ($446,000), Moonbeam ($444,000), Mantle ($357,000), and Polygon ($69,000).
In total, 4 cryptocurrency wallets were involved in the incident of hacking the trading platform, which currently hold approximately $48.93 million. It is noted that the attacker has already begun exchanging the stolen tokens.
The BtcTurk team has suspended deposits and withdrawals, and is conducting an investigation. The exchange is cooperating with blockchain analysts and law enforcement to track the movement of assets and the potential recovery of funds.
