BitMart, a trusted cryptocurrency trading platform has been the latest to suffer a breach, resulting in the loss of approximately $150 million. The hack was confirmed on Saturday, when BitMart confirmed in a statement that hackers had withdrawn a large amount in assets. The company added that withdrawals had been temporarily suspended and that a security review was underway.
The hackers stole more than 20 tokens, including binance coin, safemoon, and shiba inu. It is still unclear what methods the threat-actors used specificically, however what is known is that it was a classic case of “transfer-out, swap, and wash.”