Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday.
Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the loss is closer to $200 million.
Bitmart added in a statement that all withdrawals had been temporarily suspended until further notice and said a thorough security review was underway.