CryptoMedium•4 November 2026•
1 min read
BitMart Confirms Security Breach Linked to Mercado Bitcoin Hackers
Key Facts
1BitMart confirmed a security breach on November 2, with investigations suggesting the same group behind the Mercado Bitcoin hack is responsible.
BitMart confirmed a security breach on November 2, 2024, with preliminary investigations suggesting the involvement of the same group that attacked Mercado Bitcoin. According to crypto.news, BitMart founder Sheldon Xia acknowledged the incident after blockchain transactions surfaced showing funds moving from exchange-associated wallets to an address linked to the Mercado Bitcoin exploit.
Investigations into the BitMart breach revealed patterns suggesting a coordinated effort by the same entity that previously stole over $46 million from Mercado Bitcoin. While specific loss amounts for this latest breach were not disclosed, the exchange continues its restructuring efforts following previous losses tied to security vulnerabilities.