A post by @WuBlockchain on X.
BitMart Founder: Exchange Hit by Minor Hack, Potentially Linked to Mercado Bitcoin Attackers
@WuBlockchain on X
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BitMart founder Sheldon Xia confirmed the exchange suffered a minor security breach, with the incident potentially tied to the attackers behind the recent Mercado Bitcoin hack. Xia said the exchange moved quickly to investigate and reinforce security, though the report did not disclose the value of assets affected or the specific chains and tokens involved. The disclosure follows a separate attack on Mercado Bitcoin, suggesting a possible common threat actor targeting multiple crypto platforms. The event matters because it adds to a run of exchange and custodial security incidents that have kept operational risk in focus for traders and institutions. What to watch next is whether BitMart publishes a detailed post-mortem quantifying losses, and whether on-chain analysts confirm a link between the two attacks.
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Named in this story
BitMart, Sheldon Xia, Mercado Bitcoin