[BitMart Founder Confirms Exchange Hack] According to TechFlow, on November 4th, BitMart founder Sheldon Xia stated that the exchange was hacked on November 2nd. The amount involved was relatively small, and the team has quickly launched an investigation and strengthened security measures. Xia stated that preliminary investigations indicate the attack may have been carried out by the same group that attacked the Brazilian exchange Mercado Bitcoin. Due to restructuring, BitMart is retaining only its core team, and its security team is currently severely understaffed.