Chainalysis: Mercado Bitcoin Lost Approximately $49 Million in Attack

On November 3, according to a Chainalysis report, Brazilian crypto exchange Mercado Bitcoin was attacked, with an estimated $49 million in crypto assets stolen, involving 17 blockchains, with the largest share coming from Bitcoin and Ethereum.

Chainalysis stated that it collaborated with exchanges, law enforcement agencies, and industry partners to help freeze nearly $10 million in stolen assets, and continues to track the remaining funds.

TechFlow previously reported that Mercado Bitcoin stated the incident involved approximately $38 million in assets, with $11 million already frozen, and noted that users would not suffer asset losses due to the event.