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Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story

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Decrypt
By Jose Antonio Lanz
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Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story
Photo / Coverage: DecryptCredit: Jose Antonio Lanz
EXECUTIVE SUMMARY

Fresh forensic analysis traces $48.6 million across 11 blockchains and finds thousands of customer deposit addresses drained hours after the Brazilian exchange said it had stopped the breach on Monday.

Key Takeaways

  • Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story.

Fresh forensic analysis traces $48.6 million across 11 blockchains and finds thousands of customer deposit addresses drained hours after the Brazilian exchange said it had stopped the breach on Monday.

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