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Mercado Bitcoin Suspends Deposits and Withdrawals After $40M Multi-Chain Drain

Mercado Bitcoin Suspends Deposits and Withdrawals After $40M Multi-Chain Drain

Photo: Crypto Economy

TL;DR Mercado Bitcoin suspended deposits and withdrawals after wallets across at least 10 blockchains were drained, with researchers estimating losses above $40 million. The transfers used ordinary blockchain transactions rather than a smart contract exploit, while investigators have not established how the attacker obtained signing access. Tether froze $4.5 million in linked USDT. Mercado Bitcoin ... Read more

Source: Crypto Economy

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