The hackers created away with a combination of over twenty tokens that has altcoins like BNB, Safemoon, BSC-USD and BPay.
Crypto exchange Bitmart lost nearly $200 million in a very hot wallet compromise hosted over the Ethereum and Binance sensible Chain blockchains.
The $200 million Bitmart hack was 1st disclosed by Peckshield, a blockchain security and knowledge analytics company that originally known a transfer of roughly $100 million over the Ethereum blockchain.
Further investigation from the team revealed a synchronal hack of $96 million over the crypto exchange’s BSC reserves:
The hackers created away with a combination of over twenty tokens that has altcoins like Binance Coin (BNB), Safemoon, BSC-USD and BNBBPay (BPay). Sizable amounts of meme coins like BabyDoge, Floki and Moonshot were additionally compromised within the hack.
According to Peckshield, the hack was an easy case of transfer-out, swap, and wash:
Bitmart CEO Sheldon Xia later confirmed the hack over Twitter as a “large-scale security breach” on ETH and BSC hot wallets:
“At this moment we are still concluding the possible methods used. The hackers were able to withdraw assets of the value of approximately USD 150 million.”
( Arijit Sarkar, Cointelegraph, 2021)