Merkle Science

🔍 Scam addresses usually pass AML screening, so victim withdrawals go through.

In 2027, Merkle Science is launching fraud analytics that flags those transfers before funds leave. Early access is open for select customers.

Learn more 👉 tom@merklescience.com

🔍 Mercado Bitcoin lost an estimated $40–49M in a wallet hack. After the hot wallets were drained, roughly 27,160 customer deposit addresses were swept in 56 minutes.

That points to a compromise in the exchange’s signing or authorization layer, though the mechanism isn’t confirmed.

We traced one attacker address that received funds on nine EVM networks.

Full breakdown 👉 merklescience.com/blog/hack-trac…

⚠️ $5.97B drained from Binance hot wallets across nine chains, including $2.54B in a single transaction.

The attacker used EIP-7702 to delegate a hot wallet to their own contract and empty it in one call. That removed the reaction window earlier exchange hacks left open.

Tether and Circle froze $2.58B. $2.67B is still liquid.

Full breakdown 👉 merklescience.com/blog/hack-trac…

🇺🇸 That’s a wrap on Merkle Meet Las Vegas.

Thank you to everyone who joined us at Caesars Palace during #Money2020 for an afternoon on programmable payments, AI-driven risk detection, bank-crypto convergence, and stablecoins in cross-border payments.

Huge thanks to @DuaneMorrisLLP and our sponsors @AleoHQ, @thestablecon, @nsureai, @movantis_global , @FiatRepublic, @blindpay, and @range_org 🤝

The Merkle Science team is heading to @Money2020 to talk stablecoin payments, crypto compliance, and predictive fraud detection.

If you are in town for Money 20/20, let’s connect 🤝