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Mercado Bitcoin to Absorb Hack Loss, Says Customer Funds Are Safe

Summary by Cryptopolitan
Mercado Bitcoin froze deposits and withdrawals on Monday, November 2, following a breach of one of its systems. The exchange, which is the largest in Brazil, says no customer lost money and that it will cover the losses itself. Outside analysts say that the total loss is north of $40 million. When did Mercado Bitcoin...

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The Bitcoin Market recently updated the information on the security incident suffered by its platform on Monday (2) and says it has blocked US$ 11.2 million of cryptoactives transferred to suspicious addresses. According to the exchange, the value of the assets involved in the incident is about US$ 49 million, but part of this has already been blocked with the support of the crypto community, of issuers of assets and specialized partners in reco…

·Rio de Janeiro, Brazil
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TokenPost broke the news on Monday, November 2, 2026.
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