Bitcoin · Tether · FBI · Bitcoin Magazine
Mercado Bitcoin has since published destination addresses tied to transactions from the incident
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Blockchain security firm Hypernative has put preliminary estimates of suspicious transfers above $40 million across several blockchains.
Key facts
- Tether invested $20 million in Mercado Bitcoin back in July, when it said the exchange served 4.5 million users
- Blockchain security firm Hypernative has put preliminary estimates of suspicious transfers above $40 million across several blockchains
- The destination of roughly $3.3 billion in stolen funds that were not frozen has also not been fully explained, and the exchange has not detailed what it expects to recover from that pool
- On the law enforcement front, the FBI has attributed the attack to North Korea, and the U.S. Secret Service is working with Circle to trace and freeze funds
Summary
Brazil’s largest crypto exchange Mercado Bitcoin says customers suffered no losses, but it has not said how much was taken or when it will reopen. Brazil’s largest cryptocurrency exchange kept deposits and withdrawals suspended on Monday after a security incident in one of its systems. Mercado Bitcoin said posted to X that it had identified and contained the incident. The company said customers suffered no losses and that no data had leaked. The company has not said which system was breached, how much was taken or when it will reopen. Mercado Bitcoin has since published destination addresses tied to transactions from the incident, covering Bitcoin, Ethereum-compatible networks, Solana, Stellar and Tron.