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BitMart Founder: Exchange Hit by Minor Hack, Potentially Linked to Mercado Bitcoin Attackers

Wu Blockchain Bearish

BitMart founder Sheldon Xia confirmed a minor security breach at the exchange, which may be linked to the same attackers who hit Brazil's Mercado Bitcoin. He also said the exchange is running with a bare-bones core team and severe security understaffing. For traders, this raises counterparty and operational risk concerns for BitMart users.

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