Mercado Bitcoin halts transactions after $46 million hack and ongoing fund moves
Image: CointelegraphBrazilian exchange Mercado Bitcoin confirmed a breach that stole over $46 million in crypto. It suspended deposits and withdrawals as a precaution. The firm said customers suffered no losses and no data was compromised. Despite the pause, addresses tied to the incident kept receiving and moving funds for several hours. Authorities and security firms are investigating the incident.
Key points
- Mercado Bitcoin reported a security breach that drained over $46 million in cryptocurrency.
- The exchange suspended deposits and withdrawals as a precautionary measure.
- The company said customers suffered no losses and no data was breached.
- Addresses linked to the hack continued to receive and move funds for hours after the suspension.
Why it matters
The incident highlights ongoing security risks for crypto platforms and may affect user confidence and liquidity on the exchange. Ongoing investigations could influence regulatory scrutiny of similar services.
What's unclear
One report attributes the hack to a North Korea‑linked group, while another says attribution remains unknown.
The total amount of stolen funds that have been frozen or recovered is not confirmed across the reports.
Price context · BTC
At publication
$76,895.00
Now
$76,933.00
Change since
+0.05%
7 days · dashed line = publication
Sources · 2 publishers
Cointelegraph
Tier 1
Mercado Bitcoin wallets keep moving funds after $46M hack
Coverage timeline
- First reported by Protos
- Also reported by Cointelegraph
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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