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Mercado Bitcoin Halts Withdrawals Over Security Incident as Hypernative Flags $40 Million Drain

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AI summary of the source article

Brazilian crypto exchange Mercado Bitcoin suspended deposits and withdrawals following a security incident. Blockchain security firm Hypernative estimated over $40 million was drained across multiple chains, though the exchange stated clients suffered no losses and no data leaked.

Key facts

  • Mercado Bitcoin suspended deposits and withdrawals on Monday after identifying a security incident in its systems.
  • Blockchain security firm Hypernative estimated more than $40 million was drained from wallets it attributed to the exchange via plain transfers.
  • Mercado Bitcoin stated there were no losses to clients, no data leaked, and it has not confirmed Hypernative's figures.

Source excerpt · Unchained

The Brazilian exchange says no clients lost money, while monitoring firm Hypernative puts the outflows from wallets it attributes to Mercado Bitcoin at more than $40 million. The post Mercado Bitcoin Halts Withdrawals Over Security Incident as Hypernative Flags $40 Million Drain appeared first on Unchained .