BitMart Founder Confirms Exchange Was Hacked

TechFlow news, November 4: According to BitMart founder Sheldon Xia, the exchange was hacked on November 2. The affected amount is relatively small, and the team has promptly launched an investigation and strengthened security measures.

Xia said preliminary investigations indicate that the attack may have been carried out by the same group that attacked Brazilian exchange Mercado Bitcoin. Due to restructuring, BitMart has retained only its core team, and the security team is currently severely understaffed.

Source: TechFlow