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Ethereum $3,597.73 +5.78%
BNB $654.77 +6.28%
Optimism $2.42 +6.36%
Arbitrum $0.93 +2.03%
Solana $239.03 +4.49%
Polygon $0.56 +5.39%
Cosmos $8.16 +3.34%
Avalanche $43.25 +1.90%

Indian Crypto Trading Platform Bitbns Reportedly Hide a $7.5M Hack From Its Users in 2022

ZachXBT, an on-chain data analyst, posted on Twitter that Bitbns, an Indian cryptocurrency trading platform, hid a $7.5 million hack from its users on February 1, 2022, and informed users that it was "system maintenance."

"BitBNS hot wallets were emptied on 2/1/22 to 0x24 and deposited to Tornado and an exchange." ZachXBT added.

Bitbns has not responded yet.

Let’s call out the crypto exchange @bitbns for hiding a $7.5m hack from their users on February 1 2022 and then proceeding to tell them it was “system maintenance”

0x24f361E1eeEdF29fd6D724C9393132D61c51ebB1 pic.twitter.com/a3aBqlgW0z
— ZachXBT (@zachxbt) February 28, 2023

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Indian Crypto Trading Platform Bitbns Reportedly Hide a $7.5M Hack From Its Users in 2022

All Comments

Recommended for you

Musk calls for abolishing the Consumer Financial Protection Bureau

Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts

Japanese fintech startup Habitto completes $11.7 million Series A funding

Blockchain payment company Partior completes $80 million Series B financing, with Deutsche Bank participating

Andy Ayrey: Truth Terminal treasury funds are being migrated, users do not need to panic

U.S. consumer confidence improves again in November, reaching a two-year high

Starknet: Phase 1 of STRK staking is now live on the mainnet

CZ: Not trying to end the meme craze, just encouraging more builders

Talus Network Completes $6 Million Strategic Round of Financing with a Valuation of $150 Million

AXIOS: Trump is considering appointing a secretary of state for artificial intelligence

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