Chainalysis Tallies Mercado Bitcoin Hack at $49 Million Across 17 Chains
Mercado Bitcoin reported $11 million blocked and stated no customer balances will suffer losses as services remain suspended.
At a glance
- What happened
- Chainalysis reported a $49 million hack on Mercado Bitcoin across 17 blockchains, while the exchange stated $11 million was blocked.
- Why it matters
- The multi-chain incident leaves exchange services suspended, though the venue pledged to prevent customer losses.
- Who is affected
- Mercado Bitcoin and its users whose platform access remains suspended.
- What's next
- No next step announced.
- Primary source
- thedefiant.io: Chainalysis Puts Mercado Bitcoin Hack at $49 Million Across 17 Chains
Key points
- Chainalysis calculated the total theft from the Mercado Bitcoin exploit at $49 million across 17 blockchains.
- Mercado Bitcoin reported that $11 million of the exploited assets has been blocked.
- The platform stated customers will experience no losses, while access to services remains suspended.
Blockchain forensics firm Chainalysis estimated that an exploit targeting Mercado Bitcoin totaled approximately $49 million distributed across 17 distinct blockchains 1. The figures clarify the scale of the security incident after initial indications prompted the exchange to freeze platform activity 1. Earlier coverage noted that Mercado Bitcoin halts withdrawals following potential breach as security teams mobilized to contain unauthorized asset movements.
In response to the exploit, Mercado Bitcoin announced that $11 million of the stolen assets has been blocked 1. The exchange also pledged that customer funds would be made whole, promising that users will experience no losses from the breach 1. Despite the containment of a portion of the capital, access to platform services remains entirely suspended while investigations continue 1.
Investigation and Asset Tracing
The security breach underscores the technical challenges exchanges face when dealing with cross-chain asset dissipation, as the stolen assets were routed through 17 networks 1. Chainalysis continues to trace exploit proceeds alongside internal platform security teams 1. At the time of writing, major digital assets are trading in negative territory, with $BTC at $77,086 and $ETH at $2,257 amid a broader market sentiment index of 26.
Mercado Bitcoin continues to keep platform access and customer withdrawals suspended as containment measures persist 1. No formal timeline has been confirmed by the firm for restoring normal service access while incident responses and wallet tracking remain ongoing 1.
Sources
- [1] Chainalysis Puts Mercado Bitcoin Hack at $49 Million Across 17 Chains — thedefiant.io, November 3, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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