Cryptocurrency exchange BitMart has coughed to a large-scale security breach relating to ETH and BSC hot wallets. The company reckons that hackers made off with approximately $150m in assets.
Security and analytics outfit PeckShield put the figure at closer to $200m.
“We have identified a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets today. At this moment we are still concluding the possible methods used. Hackers were able to withdraw assets of the value of approximately 150 million USD,” BitMart said.
“The affected ETH hot wallet and BSC hot wallet carry a small percentage of assets on BitMart and all of our other wallets are secure and unharmed. We are now conducting a thorough security review and we will post updates as we progress,” it added.
Worryingly for customers, BitMart has blocked withdrawals until it has completed a “thorough security review” or, in the common metaphor, shut the stable door after the horse has bolted.
[…]
Source: $150m of digital assets stolen in BitMart security breach • The Register
Robin Edgar
Organisational Structures | Technology and Science | Military, IT and Lifestyle consultancy | Social, Broadcast & Cross Media | Flying aircraft