2/4 BitMart will use our own funding to cover the incident and compensate affected users. We are also talking to multiple project teams to confirm the most reasonable solutions such as token swaps. No user assets will be harmed.
1/3 We have identified a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets. At this moment we are still concluding the possible methods used. The hackers were able to withdraw assets of the value of approximately USD 150 millions.
3/3 At this moment we are temporarily suspending withdrawals until further notice. We beg for your kind understanding and patience in this situation. Thank you very much.
4/4 In terms of asset deposit and withdrawals, we are confident that deposit and withdrawal functions will gradually begin in December 7, 2021. The detailed timelines will be announced very soon. Thank you.
1/4 In response to this incident, BitMart has completed initial security checks and identified affected assets. This security breach was mainly caused by a stolen private key that had two of our hot wallets compromised. Other assets with BitMart are safe and unharmed.
The deposit and withdrawal function of all tokens will be resumed step by step, along with the recovery progress of security testing and public chain development. No worries, we are marching forward, security will be always the first priority.
3/4 We are now doing our best to retrieve security set-ups and our operation. We need time to make proper arrangements and your kind understanding during this period will be highly appreciated.
2/3 The affected ETH hot wallet and BSC hot wallet carries a small percentage of assets on BitMart and all of our other wallets are secure and unharmed. We are now conducting a thorough security review and we will post updates as we progress.
We will begin resuming deposits and withdrawals for ETH and related tokens. The schedule is as follows:
ERC20 deposits: 12/7/2021 10:00 PM (EST)
ERC20 withdrawals: 12/7/2021 11:00 PM (EST)
Other tokens will follow closely.
We thank you for your patience and understanding.
Thank you all for your patience and support to
#BitMart
.
Please read our latest response to this Security Breach.
More information, including a schedule of features to be reactivated, will be provided by the BitMart team as soon as possible.
Our wallet system has received service requests far exceeding the amount we designed, so a large number of deposit and withdrawal confirmation delays have occurred, and all delays will be restored within 24 hours. Sorry for the inconvenience.
#BitMart
#BMX
Thanks to the support of Alexander Capital Ventures, Alpha Square Group, and Chaos Ventures, We will continue to improve user experience and create value for the industry. We'd also like to thank all our BitMart community members and BMX holders.
#BitMart
✨ $7.395B 24H highest spot trading volume
✨ $554B total trading volume
✨ 667 new tokens
✨ The release of Margin trading
✨ The launch of NFT marketplace
And more!
Check out
#BitMart
’s 2022 achievements and plans for 2023 ⤵️
Due to a high traffic volume around 20 times than last week, several services in our website was delayed, like trc20-usdt deposit, order book reload. Our Tech team is resolving it. Please be patient. Thanks.
@BitMartExchange
#bitmart
#BMX
#TurkeyEarthquake
relief supplies are ready.All of those donations will be sent to the casualties in the Southeast part of Turkey (Kahramanmaras, Hatay, Antakya, Adiyaman, etc.)
Relief supplies include sleeping bags and foam trekking mattresses.
Peace to everyone🙏🙏🙏
EXCLUSIVE: Crypto exchange
@BitMartExchange
is set to offer institutional clients off-exchange settlement with custodian
@CopperHQ
's ClearLoop technology. By
@willcanny99
.
We are looking for futures agents or partners. If you are interested, feel free
@sheldonbitmart
or to email sheldon.xia
@bitmart
.com. Hopefully, it will help you gain extra income in a bear market。
We are so excited to announce that BitMart Beta Test opening now. It is our honor to inform you that you have the privilege to experience the brand new features of BitMart Exchange.
Beta Test Website:
🤔Which token would you
#HODL
for 2022?
😎Play with us on IG Story & win 10 USDT!
1️⃣Follow us on IG
2️⃣Finish choosing all coins you wanna HODL on our IG story
⏳You only have 24H… Go!
#BitMart
$BMX $BTC $ETH $DOGE $SHIB $SOL $AVA $MANA $SAND $AXS $ENJ
The BTC SPOT ETF has finally been approved, marking a historic moment. After 15 years and 82,500 blocks, we have witnessed the birth and rise of a new type of asset into the mainstream world. I am overwhelmed with emotion.
The deposit services have basically returned to normal. If you have individual problems, please contact our customer service. We are still working on some minor problems.
All delay transactions will be done in 6hours. If you still have any problem. And deposit trc20 token have not arrived more than 16 hrs. Please contact our customer service in a telegram group or online customer service on the website.
Due to the continuous traffic growth, we are facing huge traffic on the customer service team. I am sorry for the inconvenience. We will solve it soon.
Honored to be a part of the Metaverse Forum on 14th Apr. during the 2023 HK Web3 Festival. Join us as we explore the opportunities and challenges in Web3.
#Metaverse
#Web3Festival
The World Cup predictions are in, folks! Give us your
#WorldCup2022
predictions
🏆 Champions &🪙BTC Price
👉 To enter:
-Like, RT, Tag 3 friends
-Follow
@BitMart_Futures
-Join
-Sign Up:
🎁5 lucky ppl will get up to $50 Each!
If you withdraw delays more than 4 hours, it usually triggers our risk control system. The withdrawal process will need to be manually reviewed and the speed will be slow. Please be patient. We will speed up the process.
4.2 We should reset our mindset as the requirement for innovation is rising. Be humble when conducting product design. Be diligent with risk management. Every data on the blockchain is an invaluable asset.
@UseSaitaPr0
@BitMartExchange
@BitMartResearch
We have completed the buy-back process before, and if you have saitama assets on bitmart, you can withdraw them at any time to verify that we have repurchased the stolen assets at that time.
The delay of trc20 tokens was mainly due to the data synchronization problem of official nodes, which caused a delay of about 10-14 hours. The solution has been deployed and will gradually recover within 24 hours.
Some of my points about UST Crash.
1.UST’s crash down will lead to an investigation. Furthermore, it will significantly expedite the regulation practice to stablecoins, exchanges, and other related parties.
BitMart has its own exchange token called $BMX. Do many people know about it? We're planning for the next 5 years, so feel free to leave comments and give us all kinds of suggestions.
4.1 The development of the industry is shifting toward professionalism in multiple aspects, like the professionalism and complexity of system design and the security needs for the product, code, and risk control. We have passed the era when innovations can rely on a few engineers
3.4 Though UST witnessed a crash down at this time, it is still a great pioneer in this direction, and I am waiting to see the generic equivalent’s appearance.
Believe in math, believe in code.
It will not be happen. The notion that the custodial nature of the assets acquired by the CEX will gradually strengthen. It will not be happen at least in five years.
@Nakazakihero
@BitMartExchange
There are some tech issues about DAPS CHAIN, We are almost fixed it. All pending DAPS withdraw will be released in 1-2 days.
3.3. Due to the complexity of the system, current algorithmic stablecoins that are achieved by a few simple models can’t be applicable. The equivalent requires experienced economists and engineers to work together to complete it.
We should respect and be grateful to all the companies and individuals who are at the forefront of industry change and innovation, whether in the past, present, or future. It is their footsteps at the bow of the ship, braving the storms, clarifying regulatory directions, and
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is
Announce winners
Thank you all for participating in the giveaway and congratulations to the winners!
We’ve messaged all the lucky winners, please check your Twitter DM for more details about how to claim your rewards.1/2
@kwongabrie
@bubbletoddler
@CathYonel
@OpePeter4
@PavloRy07
BitMart Korean Version is launching. We support English, Chinese, Japanese, Vietnamese, and Korean now. The Russian will be available soon.
@BitMartExchange
3.1 Speaking of stablecoin’s future, I always believe that the decentralized world needs a generic equivalent that is not Bitcoin and is also independent of the US Dollar.
1/2 Three years ago (Sept. 24th 2018), together with
@coinbase
, we launched USDC. Today, we celebrate that with USDC reaching 30 Billion in circulation. On track for 1000% growth in 2021.
There are many China-based exchanges that have closed due to policy issues. We are based in the United States, China HK, Korean Seoul, and Cayman Island, Welcome to transfer your digital asset to most safety exchange in the world -
We strongly condemn any hackers’ behaviors. Once Hacked Funds transfer to BitMart, we will freeze them immediately. Hope Upbit can find out the problem soon.
@upbitglobal
#upbit
3.2 This equivalent should be controlled by code and quantifiable variables and will play the role of the central bank. However, it has not yet been designed perfectly to take on the role.