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BitMart to Compensate Victims of $196M Hack With Own Funds - Vimarsana News

BitMart to Compensate Victims of $196M Hack With Own Funds

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

Source: decrypt.co
BitMart CEO Promises Ouf-of-Pocket Refunds After $196M Crypto Theft - Vimarsana News

BitMart CEO Promises Ouf-of-Pocket Refunds After $196M Crypto Theft

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.

Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack - Vimarsana News

Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack

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.

Source: ndtv.com
Bitmart exchange confirms hack resulting in $200 million in crypto losses - Vimarsana News

Bitmart exchange confirms hack resulting in $200 million in crypto losses

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 CEO claims stolen private keys led to the $196M hack - Vimarsana News

BitMart CEO claims stolen private keys led to the $196M hack

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

Source: invezz.com