BtcTurk Hot Wallet Hack Drains $48 Million on Ethereum, Arbitrum, Polygon

Turkish exchange BtcTurk disclosed a hot wallet breach draining about $48 million across Ethereum, Arbitrum, and Polygon. The platform paused withdrawals and began internal checks, stating most customer assets reside in cold storage. Security specialists caution that follow‑up phishing attempts may target users in the aftermath.