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Crypto BitMart exchange loses $ 196 million to fraudsters

Chief cryptocurrency heists remain the main theme. According to to Coindesk, crypto exchange BitMart wataya $ 196 million (previously estimated at $ 150 million) in fraud. The attacker broke into Ethereum and Binance wallets with a flood of transfers from 2:30 PM On December 4th, followed by the release of signals two hours later that included Shiba and USDC.

Founder Sheldon Xia said a “small percentage” of BitMart’s assets were at risk. Even so, the company has stopped short of “until notice” and is reviewing security.

It is not known who was responsible, but the culprit may have been aware of the stolen money sent to Ethereum’s hybrid application that could make it difficult to track the money. Crypto thieves are not always smart. An attacker on the Poly Network, for example, offered to “volunteer” and ended up repaying everything he had taken. He also said he was contributing to Poly’s defense, but this would also be an attempt to avoid complications after investigators found what could have been identified.

While this is not a big digital scam (the Poly ranger seized $ 610 million, for example), Coindesk be aware that this is one of the biggest changes in the middle so far. It also emphasizes the growth of cryptocurrency theft – technology makes it possible to steal large amounts of money without the slightest consequence.

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