Chainalysis Puts Mercado Bitcoin Hack at $49 Million Across 17 Chains

· security · Sentiment: bearish

Chainalysis reports the Mercado Bitcoin hack involved $49 million across 17 chains. A separate report notes a $40 million loss for the exchange. This event points to ongoing security challenges in crypto platforms. The incident underscores risks associated with centralized platforms in the Bitcoin ecosystem.

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