Crypto exchange BitMart has resumed ether withdrawals and deposits, three days after hackers stole approximately $200 million from hot wallets, the exchange’s CEO Sheldon Xia tweeted on Wednesday.Withdrawals and deposits for other tokens will follow shortly, Xia said.BitMart is replacing all deposit addresses for bitcoin, ether, and solana, and is encouraging users to log out … [Read more...] about BitMart Resumes Ether Withdrawals and Deposits, Three Days After $200M Hack
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BitMart CEO admits $196 million hack was the result of leaked private keys
BitMart CEO Sheldon Xia admits Sunday’s hack resulted from stolen private keys. Xia said the stolen funds came from two compromised hot wallets but sought to reassure users all other operations are “safe and unharmed.” “In response to this incident, BitMart has completed initial security checks and identified affected assets. This security breach was mainly caused by a stolen … [Read more...] about BitMart CEO admits $196 million hack was the result of leaked private keys
Huobi and Shiba Inu community to help BitMart overcome $200M hack
Following a near $200 million hack on the BitMart exchange, the Shiba Inu (SHIB) community and crypto exchange Huobi Global aim to help the exchange strengthen security and track inflows of stolen assets.On Dec. 5, crypto exchange BitMart became victim to a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. As a result, the hackers … [Read more...] about Huobi and Shiba Inu community to help BitMart overcome $200M hack
BitMart CEO Says Stolen Private Key Behind $196M Hack
Hackers were able to drain $196 million of crypto by stealing a private key that opened two hot wallets, BitMart CEO Sheldon Xia tweeted on Monday.Hackers stole $100 million worth of various cryptocurrencies on the Ethereum blockchain and $96 million on Binance Smart Chain, crypto security firm Peckshield revealed on Dec. 5.BitMart has completed an initial security check and … [Read more...] about BitMart CEO Says Stolen Private Key Behind $196M Hack
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain. Further investigation from … [Read more...] about Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit