Mercado Bitcoin says hack hit less than 3% of custody
BROBROK News · Based on reporting by Portal do Bitcoin ·
Mercado Bitcoin said the amount still held by the attacker is less than 3% of the exchange’s total assets under custody. The company said it has already frozen US$16 million with help from issuers and partners, and that customer balances will be covered with its own funds.
Key points
- MB says it has frozen US$16 million of the stolen assets.
- The company says the remaining amount in the attacker’s hands is below 3% of total custody.
- The affected funds were in hot wallets, while cold wallets were not impacted.
- MB says it will cover losses with its own resources and has started repurchasing assets.
- Customer access is expected to return in phases over the next few days.
Why it matters
The incident highlights how wallet segregation can reduce the damage from an exchange hack. It also suggests a relatively high recovery rate compared with typical cases cited by the company.
Original headline: “Hack do Mercado Bitcoin afetou menos de 3% das criptomoedas sob custódia na corretora”
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.