Mercado Bitcoin Takes $40 Million Loss in Latest Crypto Hack
By PYMNTS
AI summary of the source article
Brazilian cryptocurrency broker Mercado Bitcoin suffered a hack targeting its hot wallets and will absorb a $40 million loss. The attack was quickly contained, and no customer losses are expected.
Key facts
- Mercado Bitcoin will absorb a $40 million loss from a hack.
- The attack targeted hot wallets but was quickly contained.
- No customer losses are expected as a result of the incident.
Source excerpt · PYMNTS
Mercado Bitcoin is the latest digital asset company to suffer a hack, Bloomberg reported Monday (Nov. 2). The Brazilian cryptocurrency broker will absorb a $40 million loss from the incident, the report said. No customer losses are expected. The attack targeted “hot wallets” but was quickly contained, according to the report. Mercado Bitcoin is investigating […] The post Mercado Bitcoin Takes $40…