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6.7 million XLM linked to Mercado Bitcoin breach as cross-network theft hits $48.5 million

Picture: COINTURK NEWS

Blockchain analytics firm Bitquery tracked approximately 6.7 million Stellar (XLM) tokens to a wallet implicated in the recent security breach at Mercado Bitcoin , Brazil’s leading cryptocurrency exchange. Investigators uncovered evidence that the theft spanned at least ten different blockchain networks and involved a range of digital assets. On November 2, Mercado Bitcoin disclosed a security incident and suspended all deposits and withdrawals to investigate unauthorized transactions. The exchange, a top regional trading platform for digital assets in Latin America, subsequently released a list of destination wallet addresses on various networks, including Stellar, Bitcoin, Solana, Tron, and Ethereum-compatible blockchains.

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