Crypto Exchange Bitrue Loses Over $4m Following Hack14

While the cryptocurrency prices are swinging in all directions these days, some things will never change in this industry. Exchanges are still being targeted by hackers and criminals, with some efforts being more successful than others. Bitrue, the trading platform, has lost several million in ADA and XRP this week.

Every single time a cryptocurrency exchange gets hacked, there is a genuine concern regarding the future of such a platform. In most cases, the exchanges will come back sooner or later, albeit they might force users to pay for the missing funds. Such decisions never tend to go over well in this industry, albeit it has become a go-to solution for quite a few companies struggling as of late.

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