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PANews · Articles·· 2h ago

BitMart Faces Another Attack During Restructuring: Is $391,000 Just a Trifle? The Real Risk Lies in User Assets

Original source: PANews · ArticlesRead original
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Cryptocurrency exchange BitMart has suffered another security breach during its restructuring phase, with anomalous transfers totaling approximately $391,000. Although the amount is relatively limited, the platform is currently undergoing financial restructuring and user asset arrangements remain incomplete, raising concerns about the exchange's security capabilities and user asset protection. Simultaneously, Brazilian exchange Mercado Bitcoin experienced a $48.6 million attack, and the two incidents may be linked. Industry experts note that exchange security capabilities should not diminish with business contraction, and the responsibility for user asset custody does not disappear with the suspension of trading.

Source: PANews · Articles · panewslab.com

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