Crypto exchange Bitmart says hackers took $150 million

In a statement addressed to users, Bitmart said an initial security check has been completed and impacted assets identified.The assets were stolen from two “hot wallets,” one hosted on the Ethereum blockchain and the other on the Binance Smart Chain. A “hot wallet” refers to crypto assets that are connected to the internet and more easily accessible to owners than offline “cold wallets.” While keeping cryptocurrency in a hot wallet is more convenient, there’s an added risk of hacks such as the Bitmart breach. The hack was first reported by blockchain security and data analytics firm Peckshield and was later confirmed by Bitmart CEO Sheldon Xia. According to Peckshield’s

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Crypto exchange Bitmart says hackers took $150 million

In a statement addressed to users, Bitmart said an initial security check has been completed and impacted assets identified.The assets were stolen from two...