Crypto

Mercado Bitcoin pledges to cover all user losses after near $40 million hack

Summary

Cryptocurrency exchange Mercado Bitcoin has committed to reimbursing all customer funds lost in a recent security breach approaching forty million dollars. Industry partners collaborated to successfully freeze a portion of the stolen digital assets following the incident.

Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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