🚨 BREAKING: Mercado Bitcoin Pauses Withdrawals After $40M Multi-Chain Security Incident
Major security alerts continue to ripple across the crypto market. Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has suspended all deposits and withdrawals following a detected breach that drained over $40 million across at least 10 blockchains—including $BTC , $ETH ,$SOL , $TRX, and $XLM.
Key Highlights of the Incident:
>> Multi-Chain Drain: Security intelligence firm Hypernative flagged $40M+ in suspicious outflows moving across 10 distinct network categories.
>> Exchange Response: Mercado Bitcoin quickly contained the system breach, launched an ongoing investigation with law enforcement, and confirmed that user accounts and data remain safe.
>> Stablecoin Freeze: Tether moved swiftly to freeze over 4.5 million USDT tied to attacker addresses on ETH and TRX.
>> Market Context: This security breach comes just days after the massive $6.3B Binance hot wallet incident, putting global exchanges on high security alert.
Are you keeping your digital assets on centralized exchanges or moving them to cold storage during these market events? Share your thoughts below! 👇
#writetoearn #BinanceSquare #CryptoSecurity #CryptoNews #MarketAlert
Major security alerts continue to ripple across the crypto market. Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has suspended all deposits and withdrawals following a detected breach that drained over $40 million across at least 10 blockchains—including $BTC , $ETH ,$SOL , $TRX, and $XLM.
Key Highlights of the Incident:
>> Multi-Chain Drain: Security intelligence firm Hypernative flagged $40M+ in suspicious outflows moving across 10 distinct network categories.
>> Exchange Response: Mercado Bitcoin quickly contained the system breach, launched an ongoing investigation with law enforcement, and confirmed that user accounts and data remain safe.
>> Stablecoin Freeze: Tether moved swiftly to freeze over 4.5 million USDT tied to attacker addresses on ETH and TRX.
>> Market Context: This security breach comes just days after the massive $6.3B Binance hot wallet incident, putting global exchanges on high security alert.
Are you keeping your digital assets on centralized exchanges or moving them to cold storage during these market events? Share your thoughts below! 👇
#writetoearn #BinanceSquare #CryptoSecurity #CryptoNews #MarketAlert
