6.7 million XLM linked to Mercado Bitcoin breach as cross-network theft hits $48.5 million

Blockchain analytics firm Bitquery tracked approximately 6.7 million Stellar (XLM) tokens to a wallet implicated in the recent security breach at Mercado Bitcoin , Brazil’s leading cryptocurrency exchange. Investigators uncovered evidence that the theft spanned at least ten different blockchain networks and involved a range of digital assets. On November 2, Mercado Bitcoin disclosed a security incident and suspended all deposits and withdrawals to investigate unauthorized transactions. The exchange, a top regional trading platform for digital assets in Latin America, subsequently released a list of destination wallet addresses on various networks, including Stellar, Bitcoin, Solana, Tron, and Ethereum-compatible blockchains. This move aimed to support the efforts of blockchain investigators in tracking suspicious activity and freezing assets where possible.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.