Safety

BitMart Founder Confirms Exchange Was Hacked During Restructuring

November 4, 2026, 4:56 AM UTC (4 hours ago) · 1 source · Summarized by CryptoBipto

BitMart's founder has confirmed that the cryptocurrency exchange suffered a hack while it was undergoing a restructuring process. Details about the scale of the breach and the impact on customer funds have not been fully disclosed.

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When you store cryptocurrency on a centralized exchange, you are trusting that company to keep your funds safe, similar to how a bank holds your money.

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SOURCES

thedefiant.io

Exchange HacksCentralized ExchangesCybersecurityCustomer Funds

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