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After BitMart Security Breach Nightmare SHIB Rival Floki Inu Will Again Be Available For Trading On Exchange Today

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Bitmart, the most trusted crypto trading platform, declared that it is going to re-enable Floki Inu (FLOKI) for trade on their exchange today.


The exchange shared the details about the event and said that the trade feature for Floki Inu (FLOKI) will become available on 15th December 2021 at 09:00 AM (EST), while the withdrawal feature will be re-enabled on 16th December 2021 at 09:00 AM (EST).

The trading features and withdrawal features were suspended by Bitmart for all ERC-20 and BEP-20 Tokens on December 4, 2021, until further notice, in response to a large-scale security breach. Based on an initial investigation by the exchange, approximately $200 million in digital assets were removed by a malicious actor who had gained access to one BSC wallet and one ETH wallet.

The company started to restore its services from December 7, when deposit and withdrawal functions for ETH and some ERC-20 tokens were first brought back on. On the night after, Wednesday, December 8, BitMart restored deposit and withdrawal functions for partial BEP-20 tokens. Further, deposit and withdrawal features for multiple tokens including Bitcoin, Kusama, Polkadot, Solana, NEAR Protocol, and more were also resumed.

Since the breach, BitMart has begun extraordinary efforts to ensure the lasting security of its customers and their funds.

While the investigation continues and additional security measures are implemented, BitMart has committed to devoting all feasible options for supporting users’. More Features are expected to be activated systematically in the coming days.

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.


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