Bitrue Hacked, $4.5 Million in XRP and ADA Stolen

Bitrue Hacked

At around 01:00 on June 27 in Singapore, where digital asset exchange Bitrue is based, a security breach happened, which resulted in a loss of $4.5 million in crypto from the exchange’s wallets.

Bitrue is a favorite with members of the XRP community because of the high degree of enthusiasm, support, and transparency shown by its management towards XRP.

One interesting fact about Bitrue is that it supported XRP as a base currency on the day that its trading platform was launched (19 July 2018).

People trying to access the site are told that the platform will be undergoing a maintenance that will last for about 15 to 18hrs.

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