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Mercado Bitcoin Promises Complete User Coverage Post $40M Multi-Chain Exploit

Mercado Bitcoin Promises Complete User Coverage Post $40M Multi-Chain Exploit

Photo: Crypto Economy

TL;DR Hack Impact: Mercado Bitcoin reported a loss of about $38 million after attackers drained hot wallets across at least 10 blockchains. Recovery Efforts: Roughly $11 million has been frozen with assistance from Tether, Circle, and Chainalysis, and investigations remain active. Customer Protection: The exchange says no customer data was compromised and has pledged to ... Read more

Source: Crypto Economy

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