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Mercado Bitcoin hackers swap $11M in stolen altcoins for ETH

Crypto Briefing·November 4, 2026·1 min read
Mercado Bitcoin hackers swap $11M in stolen altcoins for ETH

Hackers swapped $11 million in stolen altcoins for ETH after breaching Mercado Bitcoin. The incident highlights vulnerabilities in crypto exchanges and challenges in recovering stolen assets, emphasizing the need for enhanced security measures. The exchange faces significant losses and reputational damage.

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