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Largest crypto exchange in Brazil confirms cyberattack as millions flow out of platform

Largest crypto exchange in Brazil confirms cyberattack as millions flow out of platform

Brazilian cryptocurrency platform Mercado Bitcoin suspended all deposits and withdrawals after a cybersecurity incident on Monday morning.

Blockchain security companies said more than $46 million left the platform late on Sunday night but Mercado Bitcoin did not confirm the figure in its statements and did not respond to requests for comment. 

In messages on social media, Mercado Bitcoin said the cyberattack did not harm customers and did not lead to a data breach. 

“Our teams are mobilized – investigating the case, tracking the assets, and coordinating measures with the competent authorities,” the company said. 

Mercado Bitcoin shared destination addresses for the stolen funds and pledged to restore the platform in the…

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