April 28, 2024

Crypto exchange BitMart lost $ 150 million in cryptocurrency as a result of hacking

The company is investigating the incident, and the withdrawal operations are temporarily suspended.

Crypto ExchangeBitMart announced that it was hacked andlost $ 150 million worth of cryptocurrency. Founder and CEO Sheldon Xia explained that the security issue was related to hot wallets Ethereum and Binance Smart Chain.

On the evening of December 4, PeckShieldrecorded an abnormal number of withdrawals from BitMart. Among the tokens that were withdrawn from the trading platform were "meme" tokens, including Shiba Inu, as well as the USDC stablecoin.

Previously, hackers attacked the Badger DAO DeFi protocol,As a result, the Celsius lending platform lost more than $ 50 million. In total, the attackers managed to withdraw more than $ 120 million from the accounts of Badger DAO users in Bitcoin and Ethereum.

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