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Mercado Bitcoin Suspends Withdrawals After Suspicious Transfers

Brazil-based cryptocurrency exchange Mercado Bitcoin suspended deposits and withdrawals after unusual activity drained wallets associated with the platform across multiple blockchain networks. Security researchers estimate that more than $40 million in digital assets moved during the incident, including 2,852 ETH, 106 BTC, 10,700 SOL, 6.7 million XLM, and 77,000 AVAX, alongside more than 200 other tokens. The exchange identified and contained the security incident, but deposits and withdrawals remain suspended as a precaution.

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