• Crypto Hackers Manage To Steal $196 MILLION From BitMart

    1 month ago - By Tech Times

    Crypto hackers just stole around $196 million worth of coins from the cryptocurrency exchange BitMart.
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  • Crypto exchange BitMart loses $196 million to hackers

    Crypto exchange BitMart loses $196 million to hackers

    1 month ago - By Engadget

    Large-scale cryptocurrency heists remain a significant headache. According to Coindesk , the crypto exchange BitMart has lost the equivalent of $196 million to a hack. The intruder breached Ethereum and Binance wallets with a flood of transfers starting around 2:30PM Eastern on December 4th, followed by an exodus of tokens two hours later that included Shiba and USDC. Founder Sheldon Xia said only a "small percentage" of BitMart's assets were at risk. Even so, the company has frozen withdrawals "until further notice" and is reviewing security. It's not clear who was responsible, but the...
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