{"id":376661,"date":"2021-12-05T06:49:35","date_gmt":"2021-12-05T03:49:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitmart-hacked-for-200m-following-ethereum-binance-smart-chain-exploit\/"},"modified":"2021-12-05T06:49:35","modified_gmt":"2021-12-05T03:49:35","slug":"bitmart-hacked-for-200m-following-ethereum-binance-smart-chain-exploit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitmart-hacked-for-200m-following-ethereum-binance-smart-chain-exploit\/","title":{"rendered":"# Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit"},"content":{"rendered":"<p>&#8220;<strong># Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.<\/p>\n<p>The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/tokentxns?a=0x39fb0dcd13945b835d47410ae0de7181d3edf270'\">transfer of roughly $100 million<\/a> over the Ethereum blockchain. <\/p>\n<p>Further investigation from the team revealed a concurrent hack of $96 million over the crypto exchange\u2019s BSC reserves:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Total estimated loss: ~200M (~100M on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ethereum?ref_src=twsrc%5Etfw\">@ethereum<\/a> and ~96M on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BinanceChain?ref_src=twsrc%5Etfw\">@BinanceChain<\/a> ). (Previously we only counted the loss on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ethereum?ref_src=twsrc%5Etfw\">@ethereum<\/a>).  And here is the list of affected assets\/amounts on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BinanceChain?ref_src=twsrc%5Etfw\">@BinanceChain<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/cXXApDFtd7\">pic.twitter.com\/cXXApDFtd7<\/a><\/p>\n<p>\u2014 PeckShield Inc. (@peckshield) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/peckshield\/status\/1467310381073047552?ref_src=twsrc%5Etfw\">December 5, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay. Sizable amounts of meme coins such as BabyDoge, Floki and Moonshot were also compromised in the hack.\u00a0<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/peckshield\/status\/1467318513971118083\">According<\/a> to Peckshield, the hack was a straightforward case of transfer-out, swap, and wash:<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/5f32419d-7ccf-46d2-9502-26a6e5cc15e8.jpg\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\">Transfer of stolen Bitmart tokens. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/peckshield\/status\/1467318513971118083\">PeckShield<\/a><\/figcaption><\/figure>\n<p>Bitmart CEO Sheldon Xia later confirmed the hack over <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> as a \u201clarge-scale security breach\u201d on ETH and BSC hot wallets:<\/p>\n<blockquote><p>\u201cAt this moment we are still concluding the possible methods used. The hackers were able to withdraw assets of the value of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately USD 150 million.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">3\/3  At this moment we are temporarily suspending withdrawals until further notice. We beg for your kind understanding and patience in this situation.  Thank you very much.<\/p>\n<p>\u2014 Sheldon Xia (@sheldonbitmart) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/sheldonbitmart\/status\/1467316365732233219?ref_src=twsrc%5Etfw\">December 5, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Related: <\/strong><strong><em>Crypto lending firm Celsius reportedly affected in BadgerDAO exploit<\/em><\/strong><\/p>\n<p>In what seems like an ongoing threat to the crypto ecosystem, cryptocurrency lending platform Celsius confirmed a loss of $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO.<\/p>\n<p>The first reports on BadgerDAO\u2019s security breach surfaced on Dec. 02, with the protocol officially announcing that it received multiple exports of unauthorized withdrawals of user funds on Wednesday. <\/p>\n<p>Taking preventive measures similar to Bitmart, the Badger team continued investigating the issue and paused all smart contracts on the protocol to avoid any further losses.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitmart-hacked-for-200m-following-ethereum-binance-smart-chain-exploit\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit &#8221; Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified&#8230;<\/p>\n","protected":false},"author":1,"featured_media":376662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvY2EwOGNmNDEtYjAxYi00ZGQ0LWFkZDEtZTUwNDQzMTlmNjI0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74894,74863,74860,74882,70944],"class_list":["post-376661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-hacks","tag-hackers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/376661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=376661"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/376661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/376662"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=376661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=376661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=376661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}