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	<title>$ 150 million &#8211; Bitfinance</title>
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	<title>$ 150 million &#8211; Bitfinance</title>
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		<title>Bitcoin price drops below $ 50,000 after BitMart hack</title>
		<link>https://bitfinance.news/en/bitcoin-price-drops-below-50000-after-bitmart-hack/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Mon, 06 Dec 2021 18:00:11 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[$ 150 million]]></category>
		<category><![CDATA[17 % drop]]></category>
		<category><![CDATA[active BSC wallets]]></category>
		<category><![CDATA[asset theft]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[BitMart platform]]></category>
		<category><![CDATA[cryptocurrency market]]></category>
		<category><![CDATA[hackers]]></category>
		<category><![CDATA[suspension of withdrawals]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=73747</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="618" src="https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin price drops below $ 50,000 after BitMart hack" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart.jpg 1100w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-1024x575.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-768x431.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>The price of bitcoin, the reference cryptocurrency in the markets, lost more than 3% in the session this Monday and accumulates a fall of more than 17% since last Friday. This occurred after the &#8216;crypto&#8217; trading platform BitMart recognized that 150 million dollars (132 million euros) in assets had been stolen from it and suspended [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/bitcoin-price-drops-below-50000-after-bitmart-hack/">Bitcoin price drops below $ 50,000 after BitMart hack</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="618" src="https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin price drops below $ 50,000 after BitMart hack" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart.jpg 1100w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-1024x575.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/12/Cae-precio-del-bitcoin-por-debajo-de-50.000-dolares-tras-hackeo-de-BitMart-768x431.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;">The <strong>price of bitcoin</strong>, the reference cryptocurrency in the markets, lost more than 3% in the session this Monday and accumulates a fall of more than <strong>17% since</strong> last Friday. This occurred after the &#8216;crypto&#8217; trading platform <a href="https://www.bitmart.com/" target="_blank" rel="noopener"><strong>BitMart</strong></a> recognized that <strong>150 million dollars</strong> (132 million euros) in <strong>assets had been stolen</strong> from it and suspended withdrawals.</p>
<p style="text-align: justify;">&#8220;We have identified a large-scale security breach related to one of our active <strong>ETH wallets</strong> and one of our active<strong> BSC wallets</strong>,&#8221; BitMart confirmed. They estimate that &#8220;hackers were able to remove assets worth approximately $ 150 million.&#8221;</p>
<p style="text-align: justify;">The platform, which is still trying to determine the possible methods used by hackers to commit the <strong>theft</strong>, has stressed that the affected wallets &#8220;have a small percentage of assets in BitMart&#8221;, adding that the rest of the platform&#8217;s wallets &#8220;are safe. and without damage &#8220;.</p>
<p style="text-align: justify;">&#8220;We are conducting a <strong>comprehensive security review</strong> and will release updates as we progress. At this time we are temporarily <strong>suspending recalls until further notice</strong>,&#8221; he announced.</p>
<p style="text-align: justify;">The price of bitcoin stood at $ 47,551.07 this Monday, 3.66 % below Sunday&#8217;s close and 17.2 % below the level of $ 57,482 last Friday, before the BitMart incident.</p>
<p style="text-align: justify;">This Monday, BitMart plans to announce the <strong>compensation measures</strong> to clients after applying the security measures and the strategy to <strong>resume normal activities</strong> of the platform.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Our CEO <a href="https://twitter.com/sheldonbitmart?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@sheldonbitmart</a> will conduct an AMA at 8PM EST Dec 6 on Telegram to share more info regarding the security breach, compensation arrangement, and how we plan to resume operation.  We will strive to maintain transparency and your support to BitMart is highly appreciated. <a href="https://t.co/83Q43W9aXf">pic.twitter.com/83Q43W9aXf</a></p>
<p>&mdash; BitMart.Exchange (@BitMartExchange) <a href="https://twitter.com/BitMartExchange/status/1467727896466780167?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 6, 2021</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p style="text-align: justify;">Source: dpa</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/bitcoin-price-drops-below-50000-after-bitmart-hack/">Bitcoin price drops below $ 50,000 after BitMart hack</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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