At the end of last week, it became known about a hacker attack on the hot wallets of the BitMart crypto exchange. The attackers managed to withdraw about $ 200 million in various tokens deployed on Ethereum and Binance Chain.
Related: BitMart Hacked: Loss of Around $190 M Is Estimated
The CEO of this platform, Sheldon Xia, promised to compensate the losses to the affected users of the trading platform. The funds will be paid from the exchange's reserves, the head of the company wrote on his Twitter page.
According to him, hackers managed to break into two hot wallets by stealing private keys. Sheldon Xia also promised to intensify work to improve the security of the platform and the protection of user funds.