Bitrue hacked for $4.5 mln in crypto coins

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The Singapore crypto exchange Bitrue said it had been hacked for over 4,5 million USD.

The coins Ripple (XRP) and Cardano (ADA) were stolen through a “vulnerability of the risk control team’s 2nd level review process”.

The accounts of about 90 Bitrue clients were compromised.

“The hacker used what they learned from this breach to then access the Bitrue hot wallet and move 9.3 million XRP and 2.5 million ADA to different exchanges,” Bitrue said in a statement.

Part of the stolen funds have been tracked down to several other exchanges including Bittrex, ChangeNOW and Huobi

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