BEARISH 72 Decrypt 2H ago · 1 min read 1 read

Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story

AI summary

Blockchain forensics contradict Mercado Bitcoin's claim that it contained a hack, tracing $48.6 million across 11 blockchains. Thousands of customer deposit addresses were drained hours after the Brazilian exchange said the breach was stopped on Monday. Traders should treat exchange security claims skeptically and watch for withdrawal halts or contagion risk at other venues.

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1 linked story · 2 outlets · since 21 Oct

2H AGO

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Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story

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