Crypto exchange BitMart says it was hacked, resulting in the loss of ~$150M in crypto after its Ethereum and Binance Smart Chain hot wallets were breached

Tim Copeland / The Block :

The Block 2021-12-06 Tim Copeland

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@sheldonbitmart Sheldon Xia on x
1/3 We have identified a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets. At this moment we are still concluding the possible methods used. The hackers were able to withdraw assets of the value of approximately USD 150 millions.
@peckshield @peckshield on x
Total estimated loss: ~200M (~100M on @ethereum and ~96M on @BinanceChain ). (Previously we only counted the loss on @ethereum). And here is the list of affected assets/amounts on @BinanceChain https://twitter.com/...
@peckshield @peckshield on x
Interesting from @BitMartExchange ...😳😳😳 🙏🙏🙏 https://twitter.com/... https://twitter.com/...
@peckshield @peckshield on x
hot wallet compromised? @BitMartExchange https://etherscan.io/... https://twitter.com/...
@carnage4life Dare Obasanjo on x
Bitmart exchange's CEO confirmed that $150 million in crypto has been stolen from their ETH and BSC wallets. They haven't confirmed how the hack happened but can confirm their customer's money is gone. Hard to see this as the future of finance or the web https://www.theblockcrypt…
@campuscodi Catalin Cimpanu on x
BitMart loses $150 million in the second-largest crypto-heist of the year -Company said it would cover the losses from its own funds -BitMart said the hack took place after a threat actor gained access to some of its hot wallet private keys https://therecord.media/... https://twi…
@jasuja Monica Jasuja on x
Crypto exchange BitMart confirms hack resulting in loss of $150 million in crypto What happened to immutable security claims? Having ownership of the assets seems to be critical for investors instead of relying on exchanges https://www.theblockcrypto.com/ ...
@moonsho62719553 Moon Rock on x
Damn @BitMartExchange 👇there more this looks like an inside job the more questions bet raised! Like withdrawals went trough @1inch network let them walk out the door. That much money & coins from 2 wallets belonging to an exchange & no flags or measures to prevent from 1inch 🤔 ht…
@seldo Laurie Voss on x
No, see, THIS $150m theft of crypto is different from the $120m theft of crypto 2 days ago, I see why you're getting them confused. https://www.theblockcrypto.com/ ...
@epro Emil Protalinski on x
Obligatory “not your keys, not your coins” reminder Pure speculation: Did whales find out about this hack early and initiate the crypto selloff this weekend? https://twitter.com/...
@bwilliliou Beth Williams Liou on x
First, #Bitcoin takes a wild ride before settling just under $50k; now comes news that crypto exchange #BitMart was hacked, w/ losses estimated at $200 mln. Enter at your own risk and have a nice weekend👇 https://twitter.com/...
@smartcryptonew1 @smartcryptonew1 on x
💢 @BitMartExchange suffered a hack, resulting in the loss of $150 million worth of crypto 💢 The funds have been sent on to Ethereum mixing service Tornado Cash, which will make it harder to track them 🔽 INFO https://www.theblockcrypto.com/ ... #SCN1

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Crypto exchange BitMart says it was hacked, resulting in the loss of ~$150M in crypto after its Ethereum and Binance Smart Chain hot wallets were breached

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