Crypto exchange Bitmart says hackers took $150 million
CNN
Hackers stole approximately $150 million USD from crypto exchange platform Bitmart, impacting Ethereum and Binance Smart Chain blockchains.
In a statement addressed to users, Bitmart said an initial security check has been completed and impacted assets identified.
The assets were stolen from two "hot wallets," one hosted on the Ethereum blockchain and the other on the Binance Smart Chain. A "hot wallet" refers to crypto assets that are connected to the internet and more easily accessible to owners than offline "cold wallets." While keeping cryptocurrency in a hot wallet is more convenient, there's an added risk of hacks such as the Bitmart breach.
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