Mercado Bitcoin Restores Read-Only Account Access, Losses Estimated at $49 Million

By: x.com|11/12/2026 15:30:42

Brazilian exchange Mercado Bitcoin has reopened read-only account access a week after suffering an attack that resulted in estimated losses of $49 million. Users can view their balances as of November 2, the day of the attack, but withdrawals are currently not possible, and the exchange has not announced a timeline for restoring withdrawals. Mercado Bitcoin has 4.8 million customers and will cover all losses with company funds, but has not disclosed how the attackers accessed its wallets. Once withdrawals are restored, they will only be available through Pix, and users will need to reconfirm their information, with withdrawals limited to accounts in their own names.

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