Turkish cryptocurrency exchange BtcTurk is halting all deposits and withdrawals amid fears that blockchain bandits succeeded in significantly compromising its hot wallets.

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"During our routine checks on August 14, 2025, we detected unusual activity in our hot wallets. As a precautionary measure, we have temporarily suspended all cryptocurrency deposit and withdrawal transactions," it said in a statement.

"The vast majority of digital assets are securely stored in our cold wallets, which remain unaffected. Thanks to BtcTurk's solid financial position and security measures, customer assets are safe and secure. Trading activities on our platform continue without interruption.

"Our technical te

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