Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
Brazilian cryptocurrency exchange Mercado Bitcoin suspended deposits and withdrawals after wallets across at least ten blockchains were drained, resulting in estimated losses of over $40 million. Security firms report the funds were transferred to fresh addresses in plain transactions, though how the attacker gained signing access remains unknown. Mercado Bitcoin stated it has contained the incident with no customer harm or data breach, while Tether confirmed freezing $4.5 million in USDT linked to the hack. Open article →
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