Security
BitMart Founder Blames Staff Shortage After Second Hack Linked to Mercado Bitcoin Attackers
CoinCentral·November 4, 2026·1 min read
BitMart founder Sheldon Xia confirmed a hack on November 2 and called the loss small. Bitquery traced about $391,000 in outflows from BitMart-linked wallets to an address used in the Mercado Bitcoin attack. Xia said BitMart's security team is severely understaffed after restructuring and staff departures. Mercado Bitcoin's reported losses range from $36.3 million.
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