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Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Published Source: CoinDeskRead original
Crypto Insight Summary: Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. Crypto Insight Analysis: Direction: Bearish MBT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: An isolated $40M hack pressures confidence in MBT, but rapid freezing and reimbursement limit broader crypto fallout.