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Brazilian crypto exchange Mercado Bitcoin freezes deposits and withdrawals due to security incident, Hypernative estimates losses exceed $40 million.
Brazilian crypto exchange Mercado Bitcoin has frozen deposits and withdrawals due to a security incident, with Hypernative estimating losses exceeding $40 million. Mercado Bitcoin stated that no customers incurred losses and that the exchange would bear all losses, but did not disclose the specific amount stolen or the recovery timeline. Tether has frozen over 4.5 million USDT related to this incident.
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