Cybersecurity
Crypto Exchange BitMart Vows Compensation for $150 Million Hack
- CEO says “no user assets will be harmed” after breach
- Deposit and withdrawal functions to resume Tuesday: BitMart
This article is for subscribers only.
Crypto exchange BitMart will use its own funding to compensate users affected in a security breach that saw hackers withdraw about $150 million of cryptocurrencies, according to a tweet by its chief executive officer.
“No user assets will be harmed,” and the company expects to resume deposit and withdrawal functions on Tuesday, Sheldon Xia tweeted Monday.