BitMart temporarily suspended all withdrawals until further notice after it lost millions worth of crypto in a hacking incident.
Although BitMart's CEO said that the loss amounted to a total of $150 million, PeckShield, a blockchain security research company, estimated a greater loss in the hacking incident with $100 million lost in ETH and $96 million in BSC.TwitterIn another Tweet on Saturday, Xia said that the ETH and the BSC hot wallets that were affected include a small percentage of assets on BitMart.
PeckShield first flagged on Twitter earlier Saturday night that a great number of outbound transfers were being made after various tokens were being sent out of BitMart's hot wallet. Cryptocurrency trading platform BitMart said on Saturday that it lost $150 million worth of crypto in a “large-scale” hacking incident. Above, a sign advertising a Bitcoin ATM is posted at a 7-Eleven store on November 10, 2021, in Los Angeles, California.Several crypto hacking incidents in which millions of dollars were lost have happened recently.
"We will take legal actions and we urge the hackers to return the assets," Poly Network tweeted at the time. Later during the same week, the hacker reportedly
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