Last Saturday, the crypto market was shocked with another episode of hacking. According to the security firm, the hackers had taken $ 196 million from the crypto trading platform Bitmart.
Bitmart confirmed the hacking in an official statement Saturday night stating that it was a large-scale hacking and told that the hackers removed about $ 150 million worth of crypto assets. However, blockchain security and data analytics firm Peckshield estimates that the loss is nearly $ 200 million.
Bitmart added in a statement that all production has been temporarily suspended until further notice and at the same time stated that comprehensive security is underway. Security company Peckshield was the first to become aware of the hacking on Saturday, noting that one Bitmart address showed an outflow of tens of millions of dollars to an unidentified address.
Peckshield estimates that Bitmart lost about $ 100 million in various crypto assets on the ethereum blockchain and another $ 96 million from crypto assets using the binance smart chain.Hackers managed to hack more than 20 crypto assets including binance, safemoon and shiba inu crypto assets.
Bitmart says that ethereum smart networks and binance “hot wallets” are only affected in a small percentage value. "Hot Wallet" is a wallet that is connected to the internet and allows owners to have easy access to their crypto assets.
This incident is a chain of dark episodes in the crypto market. Last week crypto lender Celsius Network admitted losing funds as a result of being hacked worth $ 120 million. On the other hand, in August, a hacker stole more than $ 600 million from Poly Network’s crypto asset platform.
