BitMart founder says security team ‘severely understaffed’ after new hack

BitMart's founder said the exchange's security team is 'severely understaffed' following a new hack, warning of staffing shortages during an ongoing restructuring. Analysts also flagged suspicious transfers that may be linked to the Mercado Bitcoin hack. A second breach at a centralized exchange, combined with admitted security gaps, weighs on confidence in exchange custody and could pressure sentiment around smaller trading venues.