How much did a hacker steal from crypto exchange bitmart?

Over the summer, an anonymous hacker stole roughly $600 million in cryptocurrency from Poly Network, a decentralized finance network many outside the crypto world had likely never heard of. Then the hacker gave it back. Four months later, hackers stole at least $150 million from crypto exchange Bitmart.

What crypto platforms have been hacked?

Earlier this month, another crypto platform called Poly Network was also hacked, and lost $610m of its customers' funds. Dozens of other hacks against cryptocurrency platforms have seen at least £1.6bn stolen by hackers since 2014. BitGrail: $146m was hacked from the Italian exchange in 2018. It's estimated that 230,000 BitGrail users lost funds.

Is the crypto market a security problem?

But despite rapid growth, the crypto market is far smaller overall and recent history points to an industry-wide security problem. As the $600m hacker warned in a recent public post: "We, the hackers, are the armed forces. If you are given weapons and guarding billions from the crowd while being anonymous, will you be a terrorist or the Batman?"