Page 4 - Sheldon Xia News Today

Bitmart said all withdrawals had been temporarily suspended until further notice and a thorough security review was underway.

Bitmart said all withdrawals had been temporarily suspended until further notice and a thorough security review was underway.

Bitmart said all withdrawals had been temporarily suspended until further notice and a thorough security review was underway.

Hackers attacked Ethereum and Binance wallets on Bitmart to withdraw tens of millions in funds.

The BitMart cryptocurrency exchange platform suffered a major hack on December 5 that led to hackers stealing almost $200M. Now, the Huobi Global exchange platform and the Shiba Inu (SHIB/USD) community have stated they will help the exchange recover from the hack Huobi and the SHIB community are now working to help BitMart strengthen its […]

Crypto exchange BitMart said it will use its own reserves to compensate the affected users of the $196 million hacking incident.

Bitmart chief executive officer Sheldon Xia said on Dec 6 that the exchange will use its own money to refund the $196 million worth of crypto assets lost in an attack over the weekend.

While $100 million (roughly Rs. 754 crore) worth of the stolen crypto assets were on Ethereum blockchain, the remaining $96 million (roughly Rs. 724 crore) were based on the Binance Smart Chain.

Popular cryptocurrency exchange Bitmart has recently suffered a hack, with an estimated $200 million in losses as a result. The hacker made away with

BitMart exchange loses $196 million from its hot wallets after hackers stole private keys.