Mercado Bitcoin Investigates Cyberattack After $40M Alert

Brazilian cryptocurrency exchange Mercado Bitcoin confirmed a cyberattack affecting one of its systems on November 2, prompting a temporary suspension of deposits and withdrawals. Blockchain security firm Hypernative identified more than $40 million in suspicious transfers across at least 10 networks, although the exchange has not confirmed that amount as a loss. Mercado Bitcoin said the incident was contained and that customers would not be harmed. In its official statement , Mercado Bitcoin said it identified and swiftly contained a security incident early Monday. The exchange said there was no customer data breach and no harm to customers. Deposits and withdrawals were temporarily suspended as a precaution while its teams investigated and tracked the assets. The exchange said it was coordinating with relevant authorities and working to determine what happened.

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