Crypto Exchange Bitmart Hacked With Losses Estimated at $196 Million

Crypto Exchange Bitmart Hacked With Losses Estimated at 6 Million
The latest centralized exchange hack may be among the most devastating to date as Bitmart has lost $196 million in various cryptocurrencies.A tweet from security analysis firm Peckshield first called attention to the alleged hack Saturday night. One of Bitmart’s addresses currently shows steady outflows of entire token balances, some worth tens of millions of dollars, to an address currently labeled by Etherscan as the “Bitmart Hacker”In a follow-up tweet, Peckshield estimated the losses to be $100 million in various cryptocurrencies on the Ethereum chain, and $96 million on Binance Smart Chain.The hacker has been systematically using decentralized exchange aggregator…