🔥 Mercado Bitcoin to absorb $40M hack loss, expects no customer losses.
Mercado Bitcoin just absorbed a $40 million loss to keep its customers whole. Attackers targeted the Brazilian crypto broker's hot wallets on Monday.
The exchange confirmed it will cover the full $40 million hit internally. Mercado Bitcoin stated that no customer funds will be affected by the breach.
Users can expect no losses as the platform takes responsibility for the security incident. Do you think exchanges should always absorb hack losses themselves instead of passing them to users?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Mercado Bitcoin just absorbed a $40 million loss to keep its customers whole. Attackers targeted the Brazilian crypto broker's hot wallets on Monday.
The exchange confirmed it will cover the full $40 million hit internally. Mercado Bitcoin stated that no customer funds will be affected by the breach.
Users can expect no losses as the platform takes responsibility for the security incident. Do you think exchanges should always absorb hack losses themselves instead of passing them to users?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption