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Mercado Bitcoin Suspends Withdrawals After $40M in Suspcious Transfers

Bitcoinist
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Mercado Bitcoin Suspends Withdrawals After $40M in Suspcious Transfers

TL;DR Brazil-based Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers affected wallets across at least 10 blockchain networks. Security researchers estimate that more than $40 million in crypto assets moved to new addresses. The exchange says it contained the incident, with no customer harm or data breach reported. Tether froze $4.5 million in USDT […]

Key Takeaways

  1. TL;DR Brazil-based Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers affected wallets across at least 10 blockchain networks.
  2. Security researchers estimate that more than $40 million in crypto assets moved to new addresses.
  3. The exchange says it contained the incident, with no customer harm or data breach reported.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.