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Bitmart Loses $200 Million in Hack Performed by Unknown Attackers


Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...

BitMart Loses $196M to Security Breach


The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss


  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

Indian Crypto Bill: Exchange CEO Discusses What to Expect


There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed...

Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals


  One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice. The company said they have identified "a large-scale security breach" related to one of their Ethereum (ETH)...

Crypto Exchanges in 2022: More Services, More Compliance, and Competition


  For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future.... Read More: Crypto Exchanges in 2022: More...

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