Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million
By Micah Zimmerman
AI summary of the source article
Mercado Bitcoin suspended deposits and withdrawals following a security incident, stating that customers suffered no losses and no data was leaked. Blockchain security firm Hypernative estimated suspicious transfers above $40 million across multiple blockchains.
Key facts
- Mercado Bitcoin froze deposits and withdrawals as a precaution after identifying a security incident in one of its systems.
- Hypernative estimated preliminary suspicious transfers at more than $40 million across several blockchains.
- Tether froze over 4.5 million USDT linked to the incident, while Mercado Bitcoin stated it would absorb all losses.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million Brazil’s largest crypto exchange Mercado Bitcoin says customers suffered no losses, but it has not said how much was taken or when it will reopen. This post Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses E…