{"id":7215,"date":"2021-12-06T12:36:26","date_gmt":"2021-12-06T12:36:26","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=7215"},"modified":"2021-12-06T12:36:26","modified_gmt":"2021-12-06T12:36:26","slug":"bitmart-exchange-got-hacked-crypto-news-of-the-day","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/bitmart-exchange-got-hacked-crypto-news-of-the-day\/","title":{"rendered":"Bitmart Exchange Got Hacked: Crypto News Of The Day"},"content":{"rendered":"

Bitmart faced a devastating hack in which it lost cryptocurrencies worth $196 million. Peckshield, a security analysis firm, tweeted about it yesterday. According to a report from this firm, some accounts show a history of mysterious transactions.<\/p>\n

It shows tens and millions of dollars being withdrawn anonymously by the ‘Bitmart Hacker’. According to this report, Bitmart’s losses count to almost $100 million on the Ethereum chain and $96 million on Binance Smart Chain.
\n\"Back<\/a>
\nThe hacker used 1inch to swap out these stolen currencies and used a secondary address to deposit in Tornado Cash, a private mixer, to make tracking difficult.<\/p>\n

Initially, Bitmart assured that nothing of the sort had happened, reporting the event to be fake news.
\n\"\"<\/a>
\nBut later, CEP Sheldon Xia confirmed the news, and that the exchange is suffering from a security breach.<\/p>\n

The sheer amount of loss that the exchange has to endure makes it one of the devastating centralized crypto-exchange hacks in history.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitmart faced a devastating hack in which it lost cryptocurrencies worth $196 million. Peckshield, a security analysis firm, tweeted about it yesterday. According to a report from this firm, some accounts show a history of mysterious transactions. It shows tens and millions of dollars being withdrawn anonymously by the ‘Bitmart Hacker’. According to this report, …<\/p>\n","protected":false},"author":1,"featured_media":7214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[15],"tags":[745,743,744,746,747,246,748,604,139,140,136],"aioseo_notices":[],"yoast_head":"\nBitmart Exchange Got Hacked: Crypto News Of The Day<\/title>\n<meta name=\"description\" content=\"Bitmart faced a devastating hack in which it lost cryptocurrencies worth $196 million. 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