The Brazilian cryptocurrency broker will absorb a $40 million loss from the incident, the report said. No customer losses are expected.
The attack targeted “hot wallets” but was quickly contained, according to the report. Mercado Bitcoin is investigating the incident, following the assets and working with authorities and relevant partners. No customer data was leaked, although the company temporarily suspended access to its app as a precaution.
This breach came days after Binance, the world’s largest crypto exchange, was the victim of a crypto heist in which hackers stole a record $6.3 billion. Net customer withdrawals were approaching $5 billion as of Monday morning, the report said.
Binance said it intends to cover the losses…







