Cryptocurrency exchange platform, BitMart, has disclosed that hackers have stolen $150million worth of token from its hot wallet.
BitMart said that the tokens were transferred from the company’s hot wallet that allows the company to trade in Ethereum and Binance Smart Chain networks. The company added that the hackers transferred a range of tokens that are traded on these blockchains but the affected wallets carried a small percentage of assets as other wallets were secured and unharmed.
BitMart is suspending customer withdrawal until further notice so as to conduct thorough security review.
Investors have recommended that the company should move large amounts of cryptocurrency not needed for daily trading to a cold storage disconnected from the wider internet.
