BitMart
Only a few days after BadgerDAO got robbed, $150 million disappeared in a plume of digital smoke from the coffers of the popular crypto exchange BitMart. On the day in question, the platform issued a statement in which it said it would be “temporarily suspending withdrawals until further notice” after discovering a “large-scale security breach” connected to two “hot wallets”—digital crypto accounts connected to the internet. Peckshield, the cybersecurity firm that initially drew attention to the incident, described the hack as a “pretty straightforward: transfer-out, swap, and wash” operation. Unfortunately, BitMart’s former slogan (“The most trusted cryptocurrency trading platform”) will probably be a hard sell for current and future customers.
