Cryptocurrency exchange BitMart suffered a security breach, the company announced a few hours ago via Twitter and on its website.
We have identified a large-scale security breach, and we are now conducting a thorough security review & we'll strive to maintain transparency. All withdrawals are temporarily suspended until further notice.— BitMart.Exchange (@BitMartExchange) December 5, 2021
We appreciate your understanding and patience.https://t.co/WdipLLOvY9 pic.twitter.com/XFlY4RyWSe
A hot wallet associated with ETH and one associated with BSC were both compromised.
It is estimated that the hackers were able to withdraw assets valued at approximately 150 million USD.
BitMart is currently conducting a thorough security review and will keep users informed as the process progresses.
As of now, the company is temporarily suspending withdrawals until further notice.
3/3 At this moment we are temporarily suspending withdrawals until further notice. We beg for your kind understanding and patience in this situation. Thank you very much.— Sheldon Xia (@sheldonbitmart) December 5, 2021