Mercado Bitcoin pauses withdrawals after reported $40 million exploit
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
Mercado Bitcoin halted deposits and withdrawals after wallets across at least 10 chains were drained of $40 million, according to CoinDesk.
Brazilian exchange Mercado Bitcoin has suspended deposits and withdrawals following a reported $40 million exploit, according to CoinDesk. Wallets tied to the platform across at least 10 different chains were emptied during the incident. The breach comes shortly after a $6.3 billion hack involving Binance.
Key facts
- $40M drained
- 10 chains affected
- Withdrawals paused
- Mercado Bitcoin