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BitMart CEO confirms repayment of lost funds; to resume services from 7 December
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The ongoing bloodshed in the crypto market has created a lot of panic amongst the users. To make things worse, theBitMart exchange suffered a $200 million hack which further aggravating anxiety amongst participants. It became victim to a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.
BitMart has completed the latest security check and identified affected assets. Team executives published a security breach update blog that read as:
“We have identified a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets today. At this moment we are still concluding the possible methods used. Hackers were able to withdraw assets of the value of approximately 150
Read more on ambcrypto.comAbout this in other media
Morgan Stanley CEO says he was wrong on return-to-office push: 'Everybody's still finding their way' cnbc.com /2 years ago
Bitmart pledges to reimburse hack victims as crypto community voices support cointelegraph.com /2 years ago
Better.com CEO to take time off after firing hundreds of employees over Zoom theguardian.com /2 years ago
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