Huobi and Shiba Inu Community Help BitMart Trace Stolen Assets

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After the hacking of the BitMart cryptocurrency exchange, during which the attackers withdrew assets worth more than $ 150 million, the management of the Huobi exchange announced plans to help colleagues.

The BitMart hack happened on December 5th. $ 100 million in ETH and another $ 50 million in tokens based on the Ethereum and Binance Smart Chain blockchains were stolen from the wallets of the site. Following the report of the hack, the management of Huobi, a major cryptocurrency exchange, said it would help track the stolen assets.

Also, the community of the Shiba Inu token decided to provide assistance to the hacked exchange. Hackers withdrew this asset from BitMart wallets.

“Despite the fact that our project always strives for decentralization, we would like to express our support for BitMart. The exchange team is working to eliminate the incident “, – wrote
Shiba Inu developers on Twitter.

At the moment, all deposits and withdrawals on BitMart are suspended. The work is planned to be restored on December 7. According to the CEO of the cryptocurrency exchange Sheldon Xia, BitMart plans to return the stolen funds to all clients of the site.

At the end of December, the MonoX decentralized finance project was hacked. The hacker raised the price of the MONO token, and then bought and withdrew tens of millions of US dollars worth of WETH and MATIC tokens.

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