Sheldon Xia, CEO of the cryptocurrency exchange BitMart, which was hacked at the weekend, announced that the users’ accounts will be compensated for losses due to the attack.
Two of the hot wallets used by BitMart were emptied on Sunday after the private key used for the wallets was stolen.
During the event, which was first brought up by PeckShield, various tokens such as SAFEMOON and BabyDoge were stolen.
After swapping the coins he stole from the exchange via 1inch from the decentralized exchanges, the hacker sent it to Tornado Cash, which provides privacy to cryptocurrency users through mixing.
According to estimates by PeckShield, the stock market is about 100 million dollars part Ethereum, $96 million It suffered losses of $196 million, part of which was on the Binance Smart Chain blockchains.
BitMart’s CEO Xia, in addition to announcing that the loss will be repaired, has temporarily suspended withdrawals on the stock market. explained.