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At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
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blockchain.newsBitMart suffered from a large-scale security breach. According to the cryptocurrency trading platform’s CEO, hackers were able to withdraw assets valued at up to approximately $150 million.
The hacks were related to one of the company’s ETH hot wallets and BSC hot wallets.
In a series of tweets, CEO Sheldon Xia of BitMart, confirmed:
«1/3 We have identified a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets. At this moment we are still concluding the possible methods used. The hackers were able to withdraw assets of the value of approximately USD 150 million.»
However, blockchain security and data analytics firm Peckshield estimates Bitmart’s loss is closer to $200 million.
Xia announced via
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