Brazil's largest crypto exchange Mercado Bitcoin halts withdrawals after reported $40M hack
Watcher.Guru's report drew about 7,300 likes.
Mercado Bitcoin, described as Brazil's largest crypto exchange, has suspended deposits and withdrawals after reportedly being hacked for more than $40 million, Watcher.Guru reported on Monday.
The exchange paused deposits and withdrawals while the incident is looked into. The size of the reported loss is put at over $40 million.
The report spread quickly on Monday morning, making it one of the most shared crypto security stories of the day.
