Another exchange, another breach: Brazil's Mercado Bitcoin says over $46M in crypto left its wallets on Monday.
Per The Block and Odaily: the attack used regular transfers, not a smart contract exploit. $USDT and $USDC issuers have frozen roughly $6.2M so far, and about $20M moved into new wallets.
It lands right as Binance's $6.3B hack aftermath is still in the headlines, and Korea's regulator is already checking exchange cold storage. Security is becoming the market's main storyline, with BTC near $77K and $ETH near $2,250.
Do you keep most of your coins on an exchange, or have these hacks pushed you toward self-custody?
#CryptoSecurity #Hack #Stablecoins
Per The Block and Odaily: the attack used regular transfers, not a smart contract exploit. $USDT and $USDC issuers have frozen roughly $6.2M so far, and about $20M moved into new wallets.
It lands right as Binance's $6.3B hack aftermath is still in the headlines, and Korea's regulator is already checking exchange cold storage. Security is becoming the market's main storyline, with BTC near $77K and $ETH near $2,250.
Do you keep most of your coins on an exchange, or have these hacks pushed you toward self-custody?
#CryptoSecurity #Hack #Stablecoins