Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets
By Unchained
AI summary of the source article
Brazilian exchange Mercado Bitcoin reported that approximately $38 million was involved in a security incident that halted deposits and withdrawals on Monday. The platform stated it has already blocked $11 million and assured clients they will not lose assets.
Key facts
- Mercado Bitcoin estimated that about $38 million in assets was involved in a Monday security incident.
- The exchange blocked $11 million in funds working alongside Tether, Circle, Paxos, BRL1, and Chainalysis.
- Mercado Bitcoin halted deposits and withdrawals as a precaution to protect client assets and stated clients will not suffer losses.
Source excerpt · Unchained
The Brazilian exchange said it has already blocked $11 million with partners including Tether and Circle, and that deposits and withdrawals stay suspended until security is fully restored. The post Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets appeared first on Unchained .