Crypto

Mercado Bitcoin Promises User Refunds Following $40 Million Security Breach

Mercado Bitcoin has pledged that its customers will not suffer financial losses from the hack.

The exchange suspended deposits and withdrawals on November 2 following a security breach.

Estimates of the stolen funds range from $38 million to $49 million across multiple blockchains.

Strategic partners helped the exchange freeze a portion of the stolen assets.

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