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Bitmart pledges to reimburse hack victims as crypto community voices support
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As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the traditional finance system. Now, with the recent Bitmart hack coming to light, these individuals have been given even more firepower.
To recap, on Dec 5, cryptocurrency exchange Bitmart was on the receiving end of a major hack that saw the platform lose nearly $200 million via a hot wallet compromise hosted over the Ethereum and Binance Smart Chain blockchains. The breach was first exposed by blockchain security firm Peckshield whose cybersecurity team revealed
Read more on cointelegraph.comAbout this in other media
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