BitMart founder Sheldon Xia confirms platform hit by small-scale hack, potentially linked to Mercado Bitcoin attacker
BitMart founder Sheldon Xia has confirmed that the platform suffered a small-scale hacker attack, which may be linked to the attackers behind Mercado Bitcoin. Sheldon Xia confirmed that BitMart experienced a minor security breach yesterday and has promptly launched investigations and strengthened security measures. Preliminary signs indicate that this intrusion may have been carried out by the same group of attackers that targeted the Brazilian crypto exchange Mercado Bitcoin around the same time. Xia also revealed that a recent restructuring led to a lean BitMart core team, resulting in severe understaffing in security operations. The team has also been plagued by privacy leaks, threats, and retaliation from former employees, but the remaining staff are doing their utmost to protect the system, user data, and assets.
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