BitMart Confirms November 2 Hack, Investigates Mercado Bitcoin Link
BitMart founder Sheldon Xia confirmed a security breach and said a preliminary investigation points toward the same attackers behind Mercado Bitcoin’s recent incident.
BitMart founder Sheldon Xia confirmed a security breach and said a preliminary investigation points toward the same attackers behind Mercado Bitcoin’s recent incident. Bitcoin (BTC) is trading at ₹76,45,063 ($80,615.00), up 0.3% since this brief published. This is an original Token Times brief synthesising 2 outlets (Cryptopolitan, Crypto.news), plus live market data, as of Wed, 04 Nov 2026 18:15:01 UTC.
The possible connection between two exchange compromises could widen the scope of the incident and raise questions about shared attack infrastructure, although BitMart’s findings remain preliminary.
- BitMart confirmed its platform was hacked on November 2.
- Its preliminary review points to attackers also linked to Mercado Bitcoin.
- No confirmed loss amount or final attribution has been provided.
- Bitcoin trades at $80,380, up 3.60% over 24 hours.
Cryptopolitan and Crypto.news agree that BitMart suffered a security breach on November 2 and that its founder, Sheldon Xia, discussed the incident publicly. Both outlets also report that BitMart’s preliminary investigation identifies a possible connection to the recent Mercado Bitcoin hack. Crypto.news adds that Xia made a November 3 statement on X, while Cryptopolitan emphasizes that the breach extends a broader series of centralized-exchange thefts; neither outlet reports a confirmed financial-loss figure or says the attribution is final.
- Mercado Bitcoin Suffers $40M Hack, Suspends Services
- BitMart Confirms November 2 Hack, Investigates Mercado Bitcoin Link — this brief
BitMart founder Sheldon Xia confirmed that the centralized cryptocurrency exchange was hacked on November 2, according to Cryptopolitan and Crypto.news. The exchange has not yet published a final account of the incident or a confirmed estimate of the funds affected in the supplied coverage.
The exchange’s preliminary investigation suggests that the people responsible for the BitMart breach may also have carried out the recent attack on Mercado 
Bitcoin, Brazil’s largest crypto exchange. Crypto.news reported that Xia discussed the incident in an X statement on November 3, describing the suspected link as preliminary rather than settled attribution.
The two outlets corroborate the breach date, Xia’s confirmation and the possible connection between the incidents. Cryptopolitan situates the compromise within a wider string of crypto thefts over the past year, while Crypto.news focuses more directly on the tentative relationship with Mercado Bitcoin. Neither source provides a loss total, affected-asset breakdown or other quantitative detail that could be independently compared.
Crypto.news described the incident as another security breach at BitMart, making it important not to treat the reported Mercado Bitcoin connection as proof of a single criminal operation. The current evidence points to a possible common set of attackers, but no supplied report identifies the infrastructure, method or individuals involved. A final BitMart investigation could clarify whether the link extends beyond the initial lead.
Live market data show a broadly positive session for digital assets. The total crypto market capitalization is $2.76 trillion, while Bitcoin is trading at $80,380, up 3.60% over 24 hours and down 0.45% over seven days; its market capitalization is $1.62 trillion. The Fear & Greed Index is at 34, placing sentiment in the fear zone.
The principal issue to monitor is the exchange’s next investigation update, particularly whether it confirms the suspected Mercado Bitcoin connection and establishes the scope of the compromise. The available reporting supports that an attack occurred and that investigators are examining a relationship between the two incidents, but it does not establish final responsibility or financial impact.
Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from ₹76,22,777.26$80,380.00 to ₹76,45,063.31$80,615.00 — +0.29%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.54M (about $80,615.00), up 3.8% over 24 hours. The rupee itself trades about 11.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
BitMart Confirms November 2 Hack, Investigates Mercado Bitco — questions & answers
When did BitMart confirm the security breach?
BitMart was hacked on November 2, according to Cryptopolitan and Crypto.news. Founder Sheldon Xia publicly discussed the incident.
Does BitMart confirm the Mercado Bitcoin attackers were involved?
No. BitMart’s preliminary investigation suggests the same attackers may be responsible, but the attribution remains unconfirmed.
How much was lost in the BitMart hack?
The supplied coverage does not provide a confirmed loss amount or an affected-asset breakdown.
How is the broader crypto market trading?
The overall market is broadly up, with total capitalization at $2.76 trillion. Bitcoin is up 3.60% over 24 hours, while the Fear & Greed Index is 34.
How much is 1 Bitcoin worth in rupee today?
About ₹8.54M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,615.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.29% since this brief first published — trading at ₹76,45,063 ($80,615.00) now versus ₹76,22,777 ($80,380.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cryptopolitan, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.