Brazil’s Largest Crypto Exchange Mercado Bitcoin Hit by Possible $40M Hack
Mercado Bitcoin (MB), Brazil’s largest crypto exchange, has been hacked, according to multiple blockchain reports. The exchange itself confirmed the incident and has temporarily suspended deposits and withdrawals. Blockchain security firm Hypernative estimates $40 million in losses from the exchange’s wallets. This…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Finance
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