Crypto Exchange Bitmart Hacked With Losses Estimated at $196 Million

Crypto Exchange Bitmart hacked with worth about $196 Million USD in various Cryptocurrencies.

Bitmart’s CEO, Tomas Zhang, has confirmed that the company is suffering from a security breach that resulted in the loss of $196 million worth of Bitcoin. The company also reported having lost an undisclosed amount of Ethereum and other digital currencies.

The company has confirmed that the attack was from outside of the company, but it is unclear what exactly was breached. Bitmart’s CEO has confirmed what the company is calling a “security breach”.

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