Hacking News
Mercado Bitcoin Security Incident: $38M Assets Frozen
Mercado Bitcoin, a Brazilian cryptocurrency exchange, froze deposits and withdrawals on Monday after a security incident in one of its systems. Assets involved are estimated at $38M, and the exchange claims customers won't lose funds. Wallets tied to the exchange moved funds into newly created addresses, spreading the transfers across at least 10 blockchains including Bitcoin, Ethereum, Solana, and Tron. The incident was flagged by blockchain security partner Hypernative, and the exchange says no customer data was leaked. Services are expected to return once full security conditions are met.