[Wu Blockchain News] BitMart Founder: Exchange Hit by Minor Hack, Potentially Linked to Mercado Bitco...

BitMart founder Sheldon Xia confirmed the exchange suffered a minor security breach yesterday, with preliminary findings suggesting the same threat actors may have simultaneously exploited Brazil's Mercado Bitcoin. Xia attributed heightened exposure to a recent restructuring that left the exchange with a bare-bones core team and severe understaffing in security operations, compounded by doxxing, user threats and retaliation from disgruntled former employees. He said swift investigation and security-strengthening measures were taken, and remaining staff are working to protect systems, user data and platform assets. The disclosure matters as it points to a possible shared attacker across two exchanges and raises questions about operational resilience at BitMart after its staff cuts. What to watch next: whether BitMart or Mercado Bitcoin quantify any losses, and whether the two incidents are formally linked to a common threat group.