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BitMart security breach: $391,000 in transfers may link to Brazilian exchange hack

The Cryptonomist·November 4, 2026·1 min read
BitMart security breach: $391,000 in transfers may link to Brazilian exchange hack

BitMart suffered a security breach on November 2, 2026, involving $391,000 in transfers, founder Sheldon Xia said. Preliminary findings point to a possible link with the Mercado Bitcoin hack. The exchange was already dealing with suspended trading, unresolved withdrawals, and a severely understaffed security team.

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