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Blockchain Data Contradicts Mercado Bitcoin Claims That Hack Was Contained

(2 hours ago) · 1 source · Summarized by CryptoBipto

Mercado Bitcoin, a major Brazilian cryptocurrency exchange, stated that a recent security breach had been contained. However, blockchain data analysis reportedly suggests that the situation may be more extensive than the exchange has acknowledged.

WHY IT MATTERS

When you keep cryptocurrency on an exchange, you are trusting that company to safeguard your funds, similar to how a bank holds your money.

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SOURCES

  • decrypt.co

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