Mercado Bitcoin Hack Drains $46 Million Across Ten Chains on Valid Signatures

0 points · first seen 15h ago · 1 outlet · 0 comments

Mercado Bitcoin hack cost Brazil's largest exchange $46 million across ten chains on November 2 after attackers obtained valid signing credentials, making every fraudulent transfer cryptographically indistinguishable from a legitimate one. Only $6.2 million of $46 million was frozen by Tether and other issuers. — Tech Times