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Crypto

Mercado Bitcoin Hack Traced to $48.6M Drained Across 11 Blockchains

Fresh forensic analysis traced $48.6 million in losses across 11 blockchains tied to the Mercado Bitcoin breach, finding thousands of customer deposit addresses drained hours after the Brazilian exchange said it had contained the hack on Monday. The findings contradict the exchange’s account that the incident was stopped, with on-chain data showing the theft continued after its public statement.

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