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#Cryptocurrency exchange hack

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Mercado Bitcoin Hack Continued Hours After Exchange Claimed Containment: Report
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Mercado Bitcoin Hack Continued Hours After Exchange Claimed Containment: Report

Key Highlights: Blockchain analysis reveals hackers continued siphoning crypto assets from Mercado Bitcoin for approximately four hours after the exchange claimed the breach was contained. Blockchain intelligence platform Bitquery traced $48.6 million in stolen funds across 10 blockchains, impacting 36,042 customer deposit addresses on Ethereum. Mercado Bitcoin pledged to fully compensate impacted customers, while industry ...

Mercado Bitcoin Hacked for $49M as Quick Response Freezes $10M
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Mercado Bitcoin Hacked for $49M as Quick Response Freezes $10M

Key Highlights: Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, was hit by an early morning security breach on November 2 that siphoned roughly $49 million. Exploiters targeted assets spanning 17 different blockchains in an effort to launder and scatter the capital. Blockchain intelligence firm Chainalysis collaborated with law enforcement and industry partners to successfully ...

Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe
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Mercado Bitcoin to Absorb Hack Losses, Assures Customer Funds Are Safe

Key Highlights: Major Latin American cryptocurrency exchange Mercado Bitcoin paused transfers and initiated an active investigation following a security exploit, pledging to fully absorb user losses. Blockchain analytics and security firms report losses exceeding $40 million to $46 million across multiple networks, while Tether intervened to freeze over 4.5 million USDT connected to the attack. ...

Brazil’s Mercado Bitcoin Halts Withdrawals Following $40 Million Multi-Chain Hack
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Brazil’s Mercado Bitcoin Halts Withdrawals Following $40 Million Multi-Chain Hack

Key Highlights: Brazilian cryptocurrency exchange Mercado Bitcoin has halted deposits and withdrawals following a multichain exploit resulting in losses estimated to exceed $40 million. Security researchers revealed that unauthorized outflows drained assets across at least 10 different blockchains, including Ethereum, Solana, Bitcoin, and Tron. Mercado Bitcoin confirmed it had identified and swiftly contained the incident, ...

Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack
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Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack

Key Highlights Binance has initiated a phased restoration of withdrawals across 15 blockchain networks following an October 29 cyberattack tied by the FBI to North Korea’s TraderTraitor group. Co-founder Yi He confirmed that transaction processing is largely stable, though heavy user demand may cause brief periods of network congestion. Binance has replenished approximately 95% of ...

Crypto Exchange Bithumb Hacked via Employee System Amid Wave of Cyberattacks on South Korean Financial Firms
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Crypto Exchange Bithumb Hacked via Employee System Amid Wave of Cyberattacks on South Korean Financial Firms

Key Highlights: Bithumb, South Korea’s second-largest cryptocurrency exchange, experienced a cybersecurity breach targeting an internal mobile messaging and workplace system used by staff. No cryptocurrency holdings or user funds have been reported stolen, as the compromised workplace network operates independently from the main trading engine. South Korea’s Financial Supervisory Service is evaluating the incident alongside ...

CoinDCX Admits $16M Loss Just Days After CEO Denied Fresh Wallet Breach
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CoinDCX Admits $16M Loss Just Days After CEO Denied Fresh Wallet Breach

Key Highlights CoinDCX confirmed a loss of 15.99 million USDT linked to old, deprecated operational wallet infrastructure with previously undetected vulnerabilities. An automated sweeping mechanism failed to move incoming user funds into current secure storage, allowing user deposits to gather in the obsolete wallet. CoinDCX absorbed the entire loss, affirming that customer accounts, live trading ...

CoinDCX Rejects Hack Claims Following Reported $16 Million USDT Transfers
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CoinDCX Rejects Hack Claims Following Reported $16 Million USDT Transfers

Key Highlights: Stolen cryptocurrency linked to a past CoinDCX security breach has moved through multiple intermediary wallets to major exchanges including Binance, OKX, and Gate. CoinDCX clarified that the flagged addresses were created in January 2025 and compromised in July 2025, dismissing recent claims circulating on X as misleading. The exchange affirmed that customer assets ...

Bitget to Terminate Services for Select Users in One-Off Move
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Bitget to Terminate Services for Select Users in One-Off Move

Key Highlights: Bitget fell victim to a massive $387.5 million hack on September 24, marking one of the largest security breaches recorded among centralized cryptocurrency exchanges. Exploiting a zero-day vulnerability in third-party security appliances, attackers drained assets across 11 blockchains, including approximately 103 million XRP. Despite the exchange restoring full operations and pledging compensation from ...

Bitget CEO Confirms Hack, Reveals Massive Losses; Withdrawals Suspended
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Bitget CEO Confirms Hack, Reveals Massive Losses; Withdrawals Suspended

Key Highlights Cryptocurrency exchange Bitget detected unauthorized transfers from hot wallets totaling approximately $351.6 million on September 24, 2026, at 18:31 UTC. Cold wallets remain secure and the loss is fully covered by Bitget’s User Protection Fund, which holds over $464 million in assets. Withdrawals are temporarily suspended as a precaution; deposits and trading continue ...