BtcTurk Stops Crypto Transactions After $48M Suspicious Transfers

Description

BtcTurk, Turkey’s oldest crypto exchange, has paused some of its services due to a possible security problem. The company said it has stopped all deposits and withdrawals of cryptocurrencies until further notice. The move came after blockchain security firm Cyvers found about $48 million in suspicious transfers across different blockchain networks. This incident adds to the growing number of theft cases as the crypto industry faces more frequent security threats and large-scale hacks. Suspicious...