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Security1 source

Mercado Bitcoin pledges to cover all user losses after near $40 million hack

Headline from CoinDesk

Image: CoinDesk

Key points

  • Brazilian cryptocurrency exchange Mercado Bitcoin has committed to fully reimbursing users affected by a recent security breach that resulted in nearly $40 million in stolen funds.
  • Industry partners including Tether, Circle, and Chainalysis assisted the platform in freezing approximately $11 million of the compromised digital assets following the security incident.

Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.

Coins mentioned

Sources

  • CoinDeskMercado Bitcoin pledges to cover all user losses after near $40 million hack · 2 hours agoRead on CoinDesk

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