Over $106M stolen from an unnamed EU entity and $40M from Mercado Bitcoin in separate security incidents, with ZachXBT tracking the laundering trail.
Security & Exploits ·
Blockchain investigator ZachXBT identified a suspected theft exceeding $106 million from an unnamed EU entity in early November, tracking the attacker's conversion of stolen USDC and USDT through instant exchanges into ETH and XMR across multiple chains, with high confidence the North Korean Lazarus Group was not responsible based on laundering patterns. Brazilian exchange Mercado Bitcoin disclosed over $40 million in suspicious outflows across ten networks and confirmed a contained security incident while maintaining no customer data was compromised. The incidents add to recent sector breaches including a $6.3 billion hack from Binance and unauthorized hot wallet access targeting older BTCPay Server versions.