Mercado Bitcoin confirms security breach, suspends deposits and withdrawals after suspected $40M hack

Brazilian crypto exchange Mercado Bitcoin confirmed a security breach on Nov 2, suspending deposits and withdrawals while it investigates, with more than $40 million in suspected losses. Arkham tracked the attacker's wallet holding $46M in crypto (a portfolio valuation, not a disclosed loss); the exchange says customers suffered no losses. Mercado Bitcoin is Brazil's largest crypto platform.

Detected & updated continuously · Source: Nebula