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#Hypernative

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Mercado Bitcoin Assures Users Funds Are Safe Following $38M Breach
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Mercado Bitcoin Assures Users Funds Are Safe Following $38M Breach

Key Highlights: Blockchain security firm Hypernative revealed that over $40 million drained from Mercado Bitcoin across at least 10 blockchains in seemingly authorized transfers. On-chain investigator ZachXBT uncovered an ongoing, separate theft targeting an unnamed European Union entity, pushing total estimated losses past $133 million. The European exploitation involved complex cross-chain laundering and Monero conversions, ...

Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe
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Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe

Key Highlights: Major Latin American cryptocurrency exchange Mercado Bitcoin paused transfers and initiated an active investigation following a security exploit, pledging to fully absorb user losses. Blockchain analytics and security firms report losses exceeding $40 million to $46 million across multiple networks, while Tether intervened to freeze over 4.5 million USDT connected to the attack. ...