South America
Brazil· FortalezaMercado Bitcoin Halts Operations After Reported $40M Hack
Brazil's largest cryptocurrency exchange, Mercado Bitcoin, has suspended deposits and withdrawals following a security incident where over $40 million was reportedly drained.
Background
Brazil has seen a rapid increase in cryptocurrency adoption and trading, leading to a growing digital asset market. This expansion has prompted ongoing discussions regarding regulation and security measures within the country's financial technology sector.
Quorum · collective opinions
Mercado Bitcoin Halts Operations After Reported $40M Hack
First report 12h agoLast update 9h ago2 takes 2
reporting hack detailsneutralShow 3 posts
started 11h ago•Last update 9h ago
Reports detail the amount drained, the number of chains affected, and the exchange's decision to absorb the loss.
exchange confirms securityneutralShow 2 posts
started 12h ago•Last update 12h ago
The exchange assures that clients' funds and personal data are secure and is investigating the incident.
iWitness comments
No comments yet — be the first to weigh in.