Mercado Bitcoin says it contained a hack and customer funds are safe

BROBROK News · Based on reporting by Portal do Bitcoin ·

Mercado Bitcoin confirmed it suffered a hack early Monday and said the incident was quickly contained. The exchange said customer funds are safe, no personal data was leaked, and deposits, withdrawals, and app access were temporarily suspended.

Key points

  • Hypernative flagged more than $40 million in suspicious transfers tied to wallets attributed to MB.
  • MB later said the assets involved were worth about $38 million and that roughly $11.2 million had already been frozen.
  • The activity spanned multiple networks, including Bitcoin, Ethereum, Solana, Tron, Polygon, Arbitrum, Avalanche, BNB Smart Chain, and Stellar.
  • The exchange did not disclose which system was compromised or when services would resume.
  • MB said it is tracing the funds and working with authorities and recovery partners.

Why it matters

The case adds to concerns about exchange security and shows how quickly a breach can affect customer access even when funds are said to be protected. It also highlights the role of issuers, security firms, and recovery partners in trying to freeze stolen assets.

Original headline: “Mercado Bitcoin Suffers Hack but Says Customer Funds Are Safe”

Read the original on Portal do Bitcoin

Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.

More news

Crypto news