Hackers steal at least $150 million in assets from crypto platform BitMart

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Crypto trading platform BitMart confirmed a 'large-scale security breach' over the weekend, saying hackers stole about $150 million in assets.

Crypto trading platform BitMart confirmed a “large-scale security breach” over the weekend, saying hackers stole about $150 million in assets.

“The affected ETH hot wallet and BSC hot wallet carry a small percentage of assets on BitMart and all of our other wallets are secure and unharmed,” BitMart said in a statement Saturday night. “We are now conducting a thorough security review and we will post updates as we progress.” Subscribe: Want the most important insights on crypto and DeFi? Sign up for our Distributed Ledger newsletterHowever, third-party blockchain-security and data-analytics company PeckShield Inc. — which first called attention to the breach Saturday night — estimated losses at nearly $200 million, and detailed a list of outflows that included about $100 million in losses from various crypto assets on the Ethereum blockchain and $96 million in losses from assets using the Binance Smart Chain.

iframe.twitter-tweet { width: 100% !important; } iframe.twitter-tweet { width: 100% !important; } Read: Bitcoin settles down Sunday after sudden 20% plunge SaturdayIn August, a hacker stole more than $600 million in crypto assets from DeFi platform Poly Networks, but later returned the entire haul, claiming they had only taken the assets “for fun” and had wanted to point out a security vulnerability.

 

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