Last weekend, hackers carried out a series of attacks on major cryptocurrency exchanges and platforms, resulting in the disappearance of millions of dollars.
BtcTurk, CoinStats, SportsBet, and Farcana were among the main targets, with a total loss of over $95 million, according to CertiK Alerts.
BtcTurk was heavily impacted by an attack worth $90 million.
On June 22, the Turkish cryptocurrency exchange BtcTurk suffered a severe cyber-attack. Hackers breached the exchange’s security, gaining control of ten hot wallets and stealing over $90 million in various cryptocurrencies. In response, BtcTurk halted all cryptocurrency deposits and withdrawals to assess the damages and address the security breach.
CoinStats breach affected 1,590 wallets.
On the same day, the popular cryptocurrency company CoinStats fell victim to a security breach that affected 1,590 wallets. CoinStats responded quickly, limiting the damages to only 1.3% of their wallets, resulting in an approximate loss of $2 million. The company clarified that none of the associated wallets or exchanges were hacked and is working diligently to restore normal operations.
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Farcana: Compromised third-party wallet
On June 24, the UAE-based blockchain gaming studio Farcana reported the theft of one of its FAR wallets. Although the company did not directly lose any funds, a third-party market maker was hacked, leading to the theft of 23,809,523 FAR tokens worth nearly $880,000. This incident highlights the vulnerability of third-party services. Currently, Farcana is in discussions with the affected market maker to improve its security protocols.
