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Mercado Bitcoin hack losses are at $46M and growing

Mercado Bitcoin hack losses are at $46M and growing

Photo: Protos

Brazilian crypto exchange Mercado Bitcoin has paused withdrawals and deposits after losing an estimated $46 million worth of crypto to hackers. The exchange claimed it contained the security incident this morning, saying, “There was no harm to customers,” and “there was no data breach.” It said the temporary withdrawal and deposit suspension was a “precautionary measure” and that the firm is investigating what happened alongside “competent authorities.” Akrham analyst Emmett Gallic claims Mercado Bitcoin’s hack losses are worth over $46 million and growing.

Source: Protos

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