BitMart founder says exchange hit by minor hack, possibly tied to Mercado Bitcoin attackers

BitMart founder Sheldon Xia confirmed a minor security breach occurred yesterday, with investigative and security-strengthening measures taken in response. Preliminary findings suggest the intrusion may have been carried out by the same threat actors behind the simultaneous exploit of Brazil's Mercado Bitcoin exchange. Xia said recent restructuring left BitMart with a bare-bones core team and severe understaffing in security operations, compounded by doxxing, user threats, and retaliation from disgruntled former employees. He said remaining staff are working to protect systems, user data, and platform assets.

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