🏴‍☠️ Brazil🇧🇷: the country's largest domestic cryptocurrency exchange was hacked for USD 46 million

🏴‍☠️ Brazil🇧🇷: the country's largest domestic cryptocurrency exchange was hacked for USD 46 million

While the data breach is under investigation, Mercado Bitcoin was forced to suspend deposits and withdrawals.

▶️ Hypernative, a company specializing in blockchain security, first detected suspicious activity on November 2. Preliminary assessments suggest that the transactions identified by Hypernative were conventional signed cryptocurrency transfers, rather than transactions exploiting a smart contract vulnerability.

▶️ A senior security engineer at Certik published an initial analysis of the incident, stating that the attackers targeted 8 smaller blockchain networks over a period of 4 hours, including Base, Optimism and Arbitrum. The attack then shifted to the company's main hot wallets. Subsequently, small amounts of ether (ETH) were transferred from 27,160 different addresses. This suggests that customer deposit addresses may be at risk.

▶️ The exchange confirmed the data breach, but, as is common in such situations, assured users that “customer funds remain safe”. However, the incident occurred just days after the record-breaking hack of Binance, once again bringing the security of centralized cryptocurrency exchanges into the spotlight.

▶️ Background: as of July, Mercado Bitcoin had 4.5 million users…

It remains unclear what the exchange's future holds. For example, in September, following a significantly smaller data breach, the Chilean cryptocurrency exchange Orionx🇨🇱 was forced to shut down.

#news #Brazil #cryptocurrency #fraud #Chile

🤝 Argentina - issuance - instant acceptance and payouts in the same second starting at 2.5%