BitoPro Suffers $11.5M Crypto Wallet Breach — User Funds Unaffected

Despite losing over $11 million in digital assets through a stealthy wallet exploit, BitoPro kept the incident hidden for nearly three weeks. The exchange has finally acknowledged the breach, assuring users that withdrawals are fully operational and that a third-party security firm is tracking the stolen funds. Meanwhile, blockchain activity reveals the use of Tornado Cash and THORChain, raising serious questions about ongoing vulnerabilities in DeFi ecosystem

Taiwanese crypto exchange BitoPro confirmed a $11.5 million exploit weeks after it occurred. Despite the breach, user funds and withdrawals remained unaffected. The stolen assets were funneled through decentralized exchanges and crypto mixers, raising concerns about ongoing vulnerabilities in DeFi platforms.