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

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.

Zabi
Zabi
Zabi is a crypto and finance author with over a decade of experience in the financial sector. His work centers on digital assets, market trends, and the intersection of traditional finance and crypto. In addition to overseeing multiple finance-focused platforms, he actively follows stock and crypto markets to provide informed perspectives on industry developments.

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