🚨 Mercado Bitcoin, one of Brazil’s largest exchanges, was hacked a week ago. Tomorrow, it will only open in “read-only mode”—you can check your balance, but you can’t withdraw!
📌 What happened (according to Tech Insider):
• 11/2: The platform suspended deposits and withdrawals, citing a security incident
• Analysts found that 36,042 ETH deposit addresses were emptied within 4.5 hours, at an average rate of about 134 per minute
• Estimated losses: $40–46 million; not officially confirmed
• Tether froze more than 4.5 million USDT
• The exchange says users suffered no losses and has promised compensation
⚠️ Key points:
1️⃣ On 11/9, users can only view balances and statements. There’s no restart date for trading, deposits, withdrawals, or transfers
2️⃣ The numbers on your screen ≠ your money is still there. There’s currently no independent proof of reserves
3️⃣ Deposit addresses were swept in bulk, suggesting a possible problem with the key/signature system. The exchange hasn’t announced the cause yet
4️⃣ Stablecoins can be frozen, but assets like $ETH can’t be “called to a halt” by anyone
💡 A reminder for us: Don’t leave coins you aren’t trading on an exchange long-term; beware of fake support agents trying to steal your recovery phrase during a freeze; after withdrawals resume, test with a small amount first.
BTC is currently around $75.7K, and the Fear & Greed Index is 28 (Fear). With a major exchange hacked and a smaller one shut down, would you still keep most of your assets on exchanges? Share your thoughts in the comments 👇
$ETH $USDT $BTC
#交易所安全 #MercadoBitcoin #CryptoMarket
Personal opinion only; not investment advice
📌 What happened (according to Tech Insider):
• 11/2: The platform suspended deposits and withdrawals, citing a security incident
• Analysts found that 36,042 ETH deposit addresses were emptied within 4.5 hours, at an average rate of about 134 per minute
• Estimated losses: $40–46 million; not officially confirmed
• Tether froze more than 4.5 million USDT
• The exchange says users suffered no losses and has promised compensation
⚠️ Key points:
1️⃣ On 11/9, users can only view balances and statements. There’s no restart date for trading, deposits, withdrawals, or transfers
2️⃣ The numbers on your screen ≠ your money is still there. There’s currently no independent proof of reserves
3️⃣ Deposit addresses were swept in bulk, suggesting a possible problem with the key/signature system. The exchange hasn’t announced the cause yet
4️⃣ Stablecoins can be frozen, but assets like $ETH can’t be “called to a halt” by anyone
💡 A reminder for us: Don’t leave coins you aren’t trading on an exchange long-term; beware of fake support agents trying to steal your recovery phrase during a freeze; after withdrawals resume, test with a small amount first.
BTC is currently around $75.7K, and the Fear & Greed Index is 28 (Fear). With a major exchange hacked and a smaller one shut down, would you still keep most of your assets on exchanges? Share your thoughts in the comments 👇
$ETH $USDT $BTC
#交易所安全 #MercadoBitcoin #CryptoMarket
Personal opinion only; not investment advice
