BitMart hacked in “large-scale security breach”

BitMart, a trusted cryptocurrency trading platform has been the latest to suffer a breach, resulting in the loss of approximately $150 million. The hack was confirmed on Saturday, when BitMart confirmed in a statement that hackers had withdrawn a large amount in assets. The company added that withdrawals had been temporarily suspended and that a security review was underway.

The hackers stole more than 20 tokens, including binance coin, safemoon, and shiba inu. It is still unclear what methods the threat-actors used specificically, however what is known is that it was a classic case of “transfer-out, swap, and wash.”

The post BitMart hacked in “large-scale security breach” appeared first on IT Security Guru.

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