Key Highlights: Mercado Bitcoin is set to resume fiat deposits and withdrawals in Brazilian reais through the Pix instant payment network next week. Fiat withdrawals will be strictly limited to bank accounts registered under the customer’s own name, and settled fixed-income funds will be credited. Cryptocurrency deposits and withdrawals remain halted with no scheduled timeline ...
Key Highlights Major Brazilian financial platforms preemptively suspended cryptocurrency withdrawals following an incident at a third-party risk monitoring and anti-money laundering vendor. Nubank confirmed that internal infrastructure was unaffected, keeping buying and selling active while reassuring users that customer assets and sensitive data remain secure. The disruption follows recent high-profile crypto security incidents, including a ...
Key Highlights: Blockchain analysis reveals hackers continued siphoning crypto assets from Mercado Bitcoin for approximately four hours after the exchange claimed the breach was contained. Blockchain intelligence platform Bitquery traced $48.6 million in stolen funds across 10 blockchains, impacting 36,042 customer deposit addresses on Ethereum. Mercado Bitcoin pledged to fully compensate impacted customers, while industry ...
Key Highlights: Attackers drained between $38 million and $49 million from Mercado Bitcoin’s hot wallets and customer deposit addresses across more than 10 blockchains via a signing-based breach. Following the immediate blacklisting of over $11 million by stablecoin issuers Tether and Circle, the perpetrators swapped an estimated $10.55 million to $11.9 million of the stolen ...
Key Highlights On-chain data and preliminary findings link recent wallet breaches at BitMart and Brazilian exchange Mercado Bitcoin to a shared receiving destination. Bitquery tracked approximately $391,000 drained from suspected BitMart hot wallets across Base, Arbitrum, and Optimism, starting minutes before Mercado Bitcoin suffered a multimillion-dollar attack. BitMart is operating with reduced technical personnel amid ...
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, ...
Key Highlights: Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, was hit by an early morning security breach on November 2 that siphoned roughly $49 million. Exploiters targeted assets spanning 17 different blockchains in an effort to launder and scatter the capital. Blockchain intelligence firm Chainalysis collaborated with law enforcement and industry partners to successfully ...
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. ...
Key Highlights: Brazilian cryptocurrency exchange Mercado Bitcoin has halted deposits and withdrawals following a multichain exploit resulting in losses estimated to exceed $40 million. Security researchers revealed that unauthorized outflows drained assets across at least 10 different blockchains, including Ethereum, Solana, Bitcoin, and Tron. Mercado Bitcoin confirmed it had identified and swiftly contained the incident, ...
Key Highlights Brazil’s domestic markets suffered severe volatility following the presidential election, with the Ibovespa index plunging 14% and the U.S. dollar recording its biggest daily surge against the real since 1999. Corporate treasuries rushed to protect capital, driving significant volume into digital assets, with institutional clients accounting for 78% of trading on Mercado Bitcoin. ...