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Brazil's Mercado Bitcoin to absorb $40M hack loss, says customer funds are safe

Brazil's Mercado Bitcoin to absorb $40M hack loss, says customer funds are safe

Photo: Cryptopolitan

Mercado Bitcoin froze deposits and withdrawals on Monday, November 2, following a breach of one of its systems. The exchange, which is the largest in Brazil, says no customer lost money and that it will cover the losses itself. Outside analysts say that the total loss is north of $40 million. When did Mercado Bitcoin...

Source: Cryptopolitan

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