A Security Breach at BitMart Crypto Exchange Results in $150M From ETH and BSC Hot Wallets

BitMart suffered a significant security breach involving its ETH and BSC hot wallets. Around $150M worth of assets were stolen.

by Flavia S.
bitmart crypto exchange hacked

Cryptocurrency exchange BitMart suffered a security breach, the company announced a few hours ago via Twitter and on its website.

A hot wallet associated with ETH and one associated with BSC were both compromised. 

It is estimated that the hackers were able to withdraw assets valued at approximately 150 million USD.

BitMart is currently conducting a thorough security review and will keep users informed as the process progresses. 

As of now, the company is temporarily suspending withdrawals until further notice.

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