A major security breach has struck crypto exchange BitoPro, with hackers making off with more than $11.5 million in digital assets.
🔍 Key Details:
The hack occurred on May 8, but details only surfaced recently.
On-chain analysts spotted suspicious fund movements to DEXs, Tornado Cash, and even bridging to Bitcoin via THORChain—classic laundering tactics.
BitoPro says user withdrawals remain unaffected and that a third-party security firm is now involved in tracking the stolen funds.
🛡️ Wider Implications:
DeFi platforms remain prime targets—recent exploits have also hit Cetus and Nervos.
Security experts are stressing strong access control as a key defense strategy.
💬 The Big Question:
With the rise in sophisticated attacks, how can exchanges and users better protect their assets?
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