US EditionTaiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
- Taiwanese cryptocurrency exchange BitoPro suffered a security breach on May 8, 2025, resulting in a loss of over $11.5 million from its hot wallets across multiple blockchains.
- The exploit took place amid an update to the wallet system when an attacker gained access to an outdated hot wallet used for internal fund transfers, and BitoPro waited nearly three weeks before publicly acknowledging the incident.
- Digital tokens stolen from the Ethereum, Tron, Solana, and Polygon blockchains were transferred to decentralized trading platforms and obscured through privacy-focused services such as Tornado Cash, Thorchain, and Wasabi Wallet, as reported by blockchain investigator ZachXBT.
- ZachXBT revealed the incident on June 2 via Telegram and X, prompting BitoPro to confirm the breach and announce ongoing investigation by a third-party security firm and plans to publish a new hot wallet address for transparency.
- Despite the breach, BitoPro stated that its platform remains operational with sufficient asset reserves and that user withdrawals and trading functions are unaffected.
11 Articles
11 Articles
Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
Taiwanese cryptocurrency exchange BitoPro is suspected to have lost over $11.5 million worth of tokens in a May 8 exploit, widely-followed blockchain sleuth ZachXBT said in his Telegram group on Monday.The exploit involved unauthorized access to BitoPro's hot wallets across multiple blockchains, including Ethereum, Tron, Solana, and Polygon.The stolen assets were then sold on decentralized exchanges, with proceeds laundered through privacy proto…
BitoPro $11.5M Incident – ZachXBT Exposes New Security Failures - Bitcoinsensus
BitoPro $11.5M incident – ZachXBT exposes new security failures and points to a cover-up by the exchange. He shares data on suspicious transactions from BitoPro’s hot wallets that potentially support his claims of a concealed security breach. More on the BitoPro Incident and ZachXBT’s Findings As you may recall, ZachXBT often plays a key role in uncovering security incidents–he was even publicly thanked by Bybit for his efforts. Actually, I also…
BitoPro Confirms $11.5M Hack After ZachXBT Flagged Unusual Wallet Activity
Blockchain investigator ZachXBT identified unusual movements from BitoPro’s hot wallets and traced that the assets were being funneled through Tornado Cash and deposited into Wasabi. Despite the early warnings, BitoPro remained silent until public pressure mounted. BitoPro, a Taiwan-based crypto exchange, has suffered a major security breach that has resulted in a loss of $11.5 million. The incident came to light after ZachXBT, the popular on-c…
BitoPro Confirmed Massive Hacking Only After Detectives On-Chain Dien the Alarm - Crypto Economy ESP
Key Points of the News The Taiwanese exchange BitoPro suffered a theft of more than $11.5 million in digital assets after a breach in its hot walls on May 8. The incident was identified by on-chain analysts and, days later, confirmed by the company itself by a post on X (formerly Twitter). Although BitoPro claims that the withdrawals were not affected, several users report difficulties in withdrawing USDT. BitoPro confirmed on June 2, through a …
Crypto exchange BitoPro took three weeks to admit it was hacked
Taiwanese crypto exchange BitoPro has confirmed that it was hacked after ZachXBT revealed it had neglected to disclose a $11.5 million security incident that took place over three weeks ago. The crypto sleuth revealed on Telegram today that BitoPro was likely hacked on May 8, 2025. BitoPro’s only disclosure came in the form of a maintenance downtime announcement that failed to mention the hack. BitoPro has since confirmed the attack took place a…
BitoPro Confirms $11.5M Crypto Exploit but Assures Withdrawals Are Unaffected
BitoPro Confirms $11.5M Exploit After Weeks of Silence Taiwan-based cryptocurrency exchange BitoPro has now confirmed a hot wallet exploit that led to the theft of over $11.5 million worth of digital assets on May 8. The stolen assets consisted of assets from Ethereum, Tron, Solana, and Polygon networks, with onchain analyst ZachXBT noting the tokens being traded for each other on decentralized exchanges and laundered using Tornado Cash and THOR…
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