Mercado Bitcoin confirms hack and pauses withdrawals
BROBROK News · Based on reporting by Livecoins ·
Brazilian exchange Mercado Bitcoin confirmed a hacking incident and temporarily suspended withdrawals and deposits while it investigates. Monitoring data and outside sources estimate that about $40 million in crypto may have been moved, though the exchange has not confirmed a final loss figure.
Key points
- Mercado Bitcoin said there was no impact on customers and no data leak.
- Withdrawals and deposits were paused as a precaution.
- Tracking data points to activity across at least 10 networks, including Bitcoin and Ethereum.
- Outside estimates put the possible loss at about $40 million.
- The exchange said it is investigating and coordinating with authorities.
Why it matters
The incident affects one of Brazil’s largest crypto exchanges and may weigh on user confidence during the investigation. It also highlights custodial and cross-chain security risks for market participants.
Original headline: “Corretora brasileira Mercado Bitcoin confirma ataque hacker e trava saques e depósitos enquanto investiga situação, fontes estimam perda de R$ 217 milhões”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.