Singaporean cryptocurrency exchange Bitrue has been hacked, with the perps making off with roughly $4.2 million worth of cryptocoins XRP and ADA.
The hacker stole 9.3 million XRP and 2.5 million ADA coins in total, moving it to other exchanges. Bitrue says the attack was detected fast, and that the situation is now “under control.”
The company aims to return 100 percent of the lost funds to users, and is reviewing its security measures and policies to prevent such incidents in the future.