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BitMart suffers $391,000 hack amid severely understaffed security team

BitMart confirmed a hack that moved roughly $391,000 from its wallets. Founder Sheldon Xia said the exchange's security team is severely understaffed after recent restructuring.

  • Founder Sheldon Xia said the exchange's security team is severely understaffed after restructuring.
  • Blockchain analytics traced the stolen funds to a wallet also involved in the Mercado Bitcoin hack.
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