Crypto Exchange BitMart Loses $150M Over 'Large-scale' Security Breach
Main page News, Altcoins, Cryptocurrency Exchanges, Hacker Attack

Cryptocurrency exchange BitMart lost over $150 million as a result of a large-scale security breach of several hot wallets, the exchange's head, Sheldon Xia, wrote in a tweet. Hackers managed to steal a total sum of approximately $150 million from BitMart's ETH and BSC wallets.

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However, according to PeckShield, hackers stole almost $200 million in different altcoins, including SAFEMOON, BNB, BPAY, BabyDoge. With that being said, Xia reassured that all the affected ETH and BSC hot wallets were storing a "small percentage of assets on BitMart."

"We are now conducting a thorough security review and we will post updates as we progress," he added.

US State Department Offers $10M for Key Info About DarkSide Hackers

Earlier, iHodl reported that Celsius Network, a cryptocurrency earning and borrowing platform, lost funds in the BadgerDAO hack. According to reports, Celsius could lose approximately $50 million because of the hack.

The BadgerDAO protocol focused on bitcoin lenders lost over $100 million as a result of the front end exploit earlier in December. According to reports, BadgerDAO's API key for Cloudflare was compromised.

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