Bitmart has confirmed the attack with an official statement stating that it has been the victim of a “large-scale security breach”
Hackers have stolen $ 196 million from the cryptocurrency trading platform Bitmart, a security company has been quoted as saying by CNBC.
Bitmart has confirmed the attack with an official statement stating that it has been the victim of a “large-scale security breach” and that hackers have stolen assets worth about $ 150 million. The data analysis and blockchain security company Peckshield estimates that the loss amounts to nearly $ 200 million, announced bgonair.
Bitmart adds that all withdrawals have been suspended for a second order and claims to be conducting a thorough security review.
Peckshield was the first to notice the breakthrough on Saturday, noting that one of Bitmart’s addresses showed directing a steady stream of tens of millions of dollars to an address that Etherscan calls a “Bitmart Hacker.”
CNBC has contacted several Bitmart employees to seek further clarification on the hacking breach, including whether customers’ funds were the main target of the attack and, if so, whether their funds will be recovered.
Bitmart, which offers a combination of spot transactions, futures trading and lending services, ranks among the best centralized cryptocurrencies in terms of volume, according to CoinGecko.
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