Mercado Bitcoin Hack Traced to $48.6M Across 11 Blockchains

The gap between Mercado Bitcoin's containment claim and the on-chain trail is the real story here: forensic tracing is now fast and public enough to challenge an exchange's account of its own incident within days, and the silence on the discrepancy leaves that account untested. The exposure spans thousands of customer deposit addresses rather than a single treasury, which matters for how Brazilian retail users and local regulators read the exchange's controls. Whether the exchange reconciles its statement with the blockchain record, and how affected depositors are treated, is the open question.