Hacking News
BitMart hit by cyberattack amid restructuring, users report fund issues
BitMart’s founder Sheldon Xia confirmed the exchange was hit by a cyberattack on Tuesday while it is undergoing restructuring. He said the security and technical teams are severely understaffed and the amount involved is small. Analysts have noted suspicious transfers that may be linked to the recent Mercado Bitcoin breach. Users have complained that Xia is blocking appeals concerning roughly 800,000 ATEG tokens and other funds as the exchange winds down. The incident adds to concerns over the platform’s security during its wind‑down process.