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Mercado Bitcoin Hack Continued Hours After Exchange Claimed Attack Was Contained

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

A report has found that the hack of Brazilian crypto exchange Mercado Bitcoin continued for hours after the exchange publicly stated the attack had been contained. The finding raises questions about the accuracy of the exchange's communications during the security incident.

WHY IT MATTERS

When you keep money on a crypto exchange, you are trusting that company to protect your funds, much like trusting a bank with your savings.

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SOURCES

  • coindesk.com

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