BtcTurk, Turkey’s longest-running cryptocurrency alternate, has confirmed a safety incident involving its sizzling wallets.
Blockchain safety platform Cyvers flagged round $48 million in uncommon outflows throughout Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most funds had been despatched to 2 addresses earlier than being swapped into different property.
The alternate stated the suspicious exercise was detected throughout routine checks on 14 August 2025. As a precaution, crypto deposits and withdrawals have been suspended whereas investigations proceed.
BtcTurk assured prospects that almost all property are saved in chilly wallets and stay safe. Turkish lira deposits, withdrawals, and buying and selling are working usually.
Authorities have been notified and safety measures carried out. The attacker continues to maneuver and alternate the stolen property, making restoration efforts pressing.
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