Mercado Bitcoin hack reportedly continued after containment claim
In short
A hacker kept stealing money from wallets linked to Mercado Bitcoin even after the exchange said the attack was under control. The reported loss was about $391,000, mostly from wallets Bitquery links to BitMart.
The report matters because it suggests the attack went on longer than first claimed and involved wallets tied to another exchange, BitMart.
What the reporting says
A hacker took about $391,000 from Mercado Bitcoin-linked wallets hours after the exchange said the attack had been contained, according to a CoinDesk summary citing Bitquery. The stolen funds were mostly traced to wallets Bitquery links to BitMart, and BitMart’s founder confirmed a Nov. 2 hack and suspected a connection. The report indicates the exploit continued beyond the exchange’s initial response.
Why it matters
About $391,000 was taken from wallets tied to Mercado Bitcoin after the exchange said the attack had been contained, based on a CoinDesk summary citing Bitquery. 2 hack and suspected a link. The incident raises security concerns for the exchanges and the wallets involved.