Bitcoin
Mercado Bitcoin Estimates Hack Losses at $46 Million, Vows Full Customer Reimbursement
Summary Brazilian cryptocurrency exchange Mercado Bitcoin said it will fully reimburse customer losses from the hack with its own funds. Blockchain analysts estimated the stolen amount at more than $46 million , adding that more than $15 million of it has already been frozen. Addressing liquidity concerns, the exchange said Tether invested $20 million and that the affected assets would be covered with its own funds. Forecast Trend Report by Period Brazilian cryptocurrency exchange Mercado Bitcoin said it will fully reimburse customer losses from a hack with its own funds. It plans to restore account access services first, while withdrawals...
bloomingbit2 min read
