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Largest crypto exchange in Brazil confirms cyberattack as millions flow out of platform

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Largest crypto exchange in Brazil confirms cyberattack as millions flow out of platform

Mercado Bitcoin, Brazil's largest cryptocurrency exchange, confirmed a cyberattack with more than $46 million flowing out of the platform, according to blockchain security companies monitoring the incident.

Why it matters: Cryptocurrency exchange users and platforms in Brazil face direct financial exposure; practitioners should review account access controls and monitoring for similar outflows at customer endpoints.

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