BtcTurk $48M Hack Triggers Withdrawal Freeze Amid Hot Wallet Breach Fears
After noticing odd activity in its hot wallets, the exchange suspended cryptocurrency deposits and withdrawals, causing the Turkish crypto community to be shaken by the BtcTurk $48M Hack. Speculation of a significant security breach was stoked when blockchain security firm Cyvers initially reported the suspicious outflows on August 14, 2025, estimating that approximately $48 million […]