Yulia Slavina

$11 million in assets blocked after $38 million security incident, Mercado Bitcoin says

$11 million in assets blocked after $38 million security incident, Mercado Bitcoin says
Mercado Bitcoin blocks assets after incident

Mercado Bitcoin has reported that about $38 million in assets were involved in a security incident, with $11 million already blocked with assistance from Tether, Circle, and Paxos.

Scott Melker shared the update, citing Mercado Bitcoin as the source of the information.

Melker has previously reported on a delay to a planned XRP Ledger lending code update after validator support dipped below the required threshold, resetting the implementation timeline to November 4. He also noted the launch of a tokenized share class by Aviva Investors on the XRP Ledger. Both events indicate his ongoing coverage of notable developments in the digital asset sector.

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