#Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the #Ethereum (ETH) and #BinanceSmartChain (BSC) blockchains.
The $200 million Bitmart hack was first revealed by Peckshield, a #blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain.
According to Peckshield, the hack was a straightforward case of transfer-out, swap, and wash: