Taiwan-based crypto exchange BitoPro has confirmed to CoinDesk that it suffered a cyberattack on an old hot wallet in May, resulting in losses of over $11 million. The company said…
Taiwan-based cryptocurrency exchange BitoPro appears to have suffered a security incident after more than $11.5 million in crypto was drained from its hot wallets on May 8.The suspicious transactions, which…
Taiwan’s crypto exchange BitoPro is facing serious questions after blockchain investigator ZachXBT alleged that the platform was hacked for around 11.5 million dollars on May 8, 2025.Weeks have passed, but…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Key Points:BitoPro crypto exchange attacked, losing $11.5 million.Funds moved through decentralized platforms for anonymization.Calls for transparency and improved security measures in the crypto industry.
On May 8, 2025, Taiwan’s crypto exchange…