Mercado Bitcoin Breach Wallet Sends 2,800 ETH Onward
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Mercado Bitcoin's breach-linked wallet moved 2,800 ETH onward, alongside transfers of 2.24 million USDC and 1.7 million TRX, while user deposits and withdrawals remained suspended following the exchange's security incident. The on-chain movements suggest the Brazilian exchange is continuing to reshuffle or secure assets tied to the hack, though the destination wallets and whether the funds belong to the exchange or the attacker remain unconfirmed. The suspension of deposits and withdrawals means customer funds remain locked, keeping liquidity concerns in focus for users and counterparties. Mercado Bitcoin is one of Latin America's largest crypto exchanges, so the incident has regional significance for exchange security and custody practices. Watch for whether the exchange restores withdrawal services, discloses the full scope of the breach, and any further large on-chain transfers from the affected wallets.
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