Security
Bitcoin (BTC) Exchange BitMart Hacked for $391,000, Founder Sheldon Xia Confirms
COINOTAG·November 4, 2026·1 min read
BitMart founder Sheldon Xia confirmed a $391,000 hack on November 2, pointing to the Mercado Bitcoin attackers, as 2026 crypto thefts reach $8.776 billion. The incident highlights ongoing security vulnerabilities in exchanges, with attackers exploiting weaknesses to siphon funds, underscoring the need for robust safeguards.
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