BitMart suspends withdrawals after hackers drained almost $200 million in cryptocurrencies using a stolen private key
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Close to $200 million in cryptocurrencies has been stolen from wallets from the BitMart exchange using a stolen private key, according to the company's chief executive.
On Monday BitMart's CEO Sheldon Xia said that they discovered that the cryptocurrencies were withdrawn using a stolen private key which usually enables a user to access their cryptocurrency.
«We have identified a large-scale security breach related to one of our ETH (ether) hot wallets and one of our BSC (binance smart chain) hot wallets, » Xia said on Twitter.
PeckShield inc, a data analytics company said on Twitter Sunday $100 million was taken from the ethereum network and $96 million from the binance smart chain blockchain. The assets affected
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BitMart says it's resumed crypto withdrawals three days after hackers stole almost $200 million in funds markets.businessinsider.com /3 years ago
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