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✉news TechnologyCybersecurity first seen 4 d ago, last 4 d ago, peak #31

Tether freezes $4.5m USDT tied to Mercado Bitcoin breach

Original: Tether freezes over $4.5m USDT linked to Mercado Bitcoin breach

Tether has frozen more than $4.5 million in USDT stablecoins connected to a security breach at Brazilian exchange Mercado Bitcoin. The move blocks the stolen funds from moving across crypto networks, a common step stablecoin issuers take after exchange hacks. It is the latest in a series of freezes used to contain funds stolen in exchange breaches.

Why now: A major Brazilian exchange breach with frozen funds is fresh cybersecurity news affecting the crypto industry

TetherMercado BitcoinUSDT

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