CryptoMedium•5 November 2026•
1 min read
Forensic Analysis Reveals $48.6 Million Loss in Mercado Bitcoin Hack
Key Facts
1Fresh forensic analysis has traced $48.6 million across 11 blockchains linked to the Mercado Bitcoin breach.
2Thousands of customer deposit addresses were drained hours after the exchange claimed the breach was contained on Monday.
Fresh forensic analysis has traced $48.6 million across 11 blockchains linked to the Mercado Bitcoin breach. Decrypt reported that thousands of customer deposit addresses were drained hours after the exchange claimed the breach was contained on Monday.
The forensic data suggests the security breach was more extensive than initially reported, with fund withdrawals continuing despite the announced containment measures. This development follows evidence that the scope of the hack exceeded earlier estimates, raising concerns regarding the transparency of the exchange's security protocols.