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Blockchain data shows attackers continued draining funds from thousands of Mercado Bitcoin customer deposit addresses for roughly four hours after the exchange said the breach was contained. Investigators tracked $48.6 million in stolen assets across 10 blockchains, and Mercado Bitcoin pledged to cover user losses. The incident adds to security concerns in crypto markets, with BTCUSD among the assets referenced in the report.
Blockchain data shows attackers continued to drain funds from thousands of Mercado Bitcoin customer deposit addresses for roughly four hours after the exchange stated the breach had been contained, according to a report from crypto-economy.com.
Attack Timeline
The report, citing blockchain data, indicates that the draining of customer deposit addresses persisted for approximately four hours beyond the exchange’s containment claim.
Losses and Response
Investigators tracked $48.6 million in stolen assets across 10 blockchains, according to the report. Mercado Bitcoin pledged to cover user losses.
Market Context
The incident adds to security concerns in crypto markets, with BTCUSD among the assets referenced in the report.