Türkiye’s largest crypto exchange BtcTurk halts transactions amid alleged $48M breach
Logo of BTCTurk, Türkiyes largest cryptocurrency exchange, against a black background. (AA Photo)
August 14, 2025 05:12 PM GMT+03:00
BtcTurk, Türkiye’s largest cryptocurrency exchange, suspended deposits and withdrawals on Thursday afternoon, citing a “technical issue” in its hot wallets, while an alleged suspicious transaction worth $48 million raised attention over a potential breach. Hot wallets are online storage systems that hold a portion of users’ funds to ensure liquidity.
The company…