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PropMarketCapFRESHExchanges and infrastructure

New BitMart hack: $391K sent to address from $49M theft at crypto exchange Mercado Bitcoin

BitMart founder Sheldon Xia confirmed the November 2 attack and admitted that the platform's security team is "severely understaffed." The exchange itself has been heading toward closure since July and still has not settled with clients.

PropMarketCapFRESHExchanges and infrastructure

Access to accounts on the Mercado Bitcoin crypto exchange will open on November 9, losses have grown to $48.6 million

The Brazilian crypto exchange Mercado Bitcoin has announced the date for the phased return of clients - November 9. The new estimate of what was stolen has risen to $48.6 million versus about $46 million in the first hours after the hack.

PropMarketCapExchanges and infrastructure

Tether froze $1.5 billion in the USDT stablecoin out of the $6.3 billion stolen from Binance

On October 29, about $6.3 billion was withdrawn from Binance wallets across several blockchains. Tether, the issuer of the largest stablecoin (a coin whose exchange rate is pegged to the dollar), said it managed to immobilize more than $1.5 billion of the stolen USDT.