Hacking News
Mercado Bitcoin Assures Users Funds Won’t Be Lost
Mercado Bitcoin has assured customers that they will not lose funds following a security incident that led to the suspension of deposits and withdrawals, involving approximately $38 million. The exchange has blocked $11 million in collaboration with various partners and is continuing recovery efforts to identify and contain additional amounts. This follows a broader trend of security breaches in the crypto industry, including a recent $6.3 billion hack at Binance and a suspected theft of over $133 million from centralized exchanges linked to an unnamed EU entity.