Sheldon Xia News

04.08 / 14:33
business Blockchain Cybersecurity security Fraud Ensuring integrity of blockchain transactions: Trust through audits
Blockchain auditing is the process of examining and verifying the data and transactions stored within a blockchain network. It focuses on assessing the integrity and accuracy of the information recorded on the blockchain to ensure it aligns with the intended rules, protocols and regulations.
07.12 / 12:33
ETH CEO Telegram Platform BitMart to Compensate by its Own Funding, Covering Loss of Security Breach for Victims amid Hacking
BitMart CEO, in a series of tweets on Monday, December 6, announced that the company will use their own funding to cover the security breach that saw hackers withdraw about $150 million of cryptocurrencies and compensate the victims whose money was stolen during the incident.
06.12 / 12:23
Dogecoin Ethereum Binance Hack Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss
Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.
06.12 / 11:35
Blockchain ETH CEO Platform At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart suffered from a large-scale security breach. According to the cryptocurrency trading platform’s CEO, hackers were able to withdraw assets valued at up to approximately $150 million.
05.12 / 14:47
ETH Target Binance CEO Bitmart loses ~$200M following ‘large-scale security breach’
As the crypto-market lost momentum and people across the board panicked again, a group of hackers conflated users’ concerns by targeting Bitmart, a cryptocurrency exchange. Earlier on Sunday, Bitmart Founder and CEO Sheldon Xia confirmed the hack, noting,

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