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Brazil’s Largest Crypto Exchange Mercado Bitcoin Hit by Possible $40M Hack

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Brazil’s Largest Crypto Exchange Mercado Bitcoin Hit by Possible $40M Hack

Mercado Bitcoin (MB), Brazil’s largest crypto exchange, has been hacked, according to multiple blockchain reports. The exchange itself confirmed the incident and has temporarily suspended deposits and withdrawals. Blockchain security firm Hypernative estimates $40 million in losses from the exchange’s wallets. This comes just days after the record $6 billion Binance hack. Here is the The post Brazil’s Largest Crypto Exchange Mercado Bitcoin Hit by Possible $40M Hack appeared first on BeInCrypto.

Key Takeaways

  1. Mercado Bitcoin (MB), Brazil’s largest crypto exchange, has been hacked, according to multiple blockchain reports.
  2. The exchange itself confirmed the incident and has temporarily suspended deposits and withdrawals.
  3. Blockchain security firm Hypernative estimates $40 million in losses from the exchange’s wallets.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.