Brazilian cryptocurrency exchange Mercado Bitcoin has confirmed a security incident and temporarily halted user deposits and withdrawals, according to The Block. The exchange said customer assets were not affected.
Before the company acknowledged the incident, blockchain security firm Hypernative detected more than $40 million in suspicious transfers across multiple blockchain networks. Local media outlet BitNotícias later reported that the unusual fund movements may be linked to the security event.
The information available so far does not include further operational details, the cause of the incident, or a timeline for restoring deposit and withdrawal services. The exchange’s statement, as cited in the report, was limited to confirming the incident, pausing transfers, and saying customer funds remain unaffected.
Brazilian cryptocurrency exchange Mercado Bitcoin has confirmed a security incident and temporarily suspended user deposits and withdrawals, according to The Block. The exchange said customer assets were not affected.
Suspicious transfers topped $40 million
Before Mercado Bitcoin confirmed the incident, blockchain security firm Hypernative detected more than $40 million in suspicious transfers across multiple blockchain networks.
Local report links the flows to the incident
BitNotícias, a local media outlet, reported that the unusual fund movements may be related to the security incident. No additional details were disclosed in the input provided.
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