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Chainalysis Estimates Mercado Bitcoin Hack at $49 Million Across 17 Blockchains

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

Blockchain analytics firm Chainalysis has assessed the hack of Mercado Bitcoin, a major Brazilian cryptocurrency exchange, at approximately $49 million. The stolen funds were reportedly spread across 17 different blockchain networks.

WHY IT MATTERS

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

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SOURCES

  • thedefiant.io

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Exchange HackBlockchain AnalyticsChainalysisCrypto SecurityMercado Bitcoin