Mercado Bitcoin, the largest Brazilian crypto exchange, has confirmed a "security incident" and temporarily suspended deposits and withdrawals. Analysts at Hypernative identified suspicious transfers totaling more than $40 million from addresses linked to the exchange. The company disclosed the incident in an official statement, but has not confirmed the potential loss amount.
Suspicious Transfers Involved Bitcoin, Ethereum, Solana, and Other Networks
Funds were moved to newly created addresses across the Bitcoin, Ethereum, Solana, Tron, Polygon, Arbitrum, Avalanche, BNB Smart Chain, Stellar, and other networks. According to analysts, the assets transferred included 106 BTC, 2,852 ETH, 10,700 SOL, 1.7 million TRX, and over 200 other tokens. On-chain observations from wallets associated with Mercado Bitcoin indicate transfers exceeding $40 million.
Exchange States Clients Did Not Incur Losses
Representatives of Mercado Bitcoin state that clients have not suffered losses and no personal data has been leaked. The company is investigating the incident in cooperation with relevant authorities and is monitoring asset movements. The exchange has not officially confirmed the possible $40 million+ loss.
