Mercado Bitcoin confirms $46M hack, suspends deposits; Tether freezes $4.5M USDT

Brazilian crypto exchange Mercado Bitcoin confirmed a security breach on Nov 2, suspending deposits and withdrawals while it investigates, saying it will absorb the $46 million loss with no customer losses expected. Tether froze over $4.5M USDT linked to the incident. Mercado Bitcoin is Brazil's largest crypto platform.

Detected & updated continuously · Source: Nebula