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Mercado Bitcoin hack: $48.6 million traced across 11 blockchains post-breach claim

Forensic examination reveals that thousands of customer deposit addresses were drained across eleven different blockchains, even after the Brazilian exchange asserted it had halted the security…

Decrypt

Forensic examination reveals that thousands of customer deposit addresses were drained across eleven different blockchains, even after the Brazilian exchange asserted it had halted the security incident on Monday.

This finding comes from a recent forensic analysis tracking the movement of $48.6 million.

The Brazilian exchange had previously communicated that the breach had been contained.

The data indicates that the draining of funds occurred hours subsequent to the exchange's declaration that the intrusion was stopped.

These developments necessitate closer examination of the resilience of custodial infrastructure against sophisticated extraction techniques.

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