🇧🇷 Mercado Bitcoin to reopen cash withdrawals after $49M hack
Brazilian exchange Mercado Bitcoin will resume deposits and withdrawals in Brazilian reais via the Pix instant payment system next week, a company representative said. The restart comes more than 15 days after an attack drained an estimated $49 million from wallets linked to the exchange.
Customers will only be able to withdraw to accounts in their own name, while crypto deposits and withdrawals remain suspended with no date set for their return. The exchange began restoring read-only account access on Monday.
The Nov. 2 attack came just four days after hackers stole about $6.3 billion from Binance's hot wallets in a separate breach the FBI attributed to North Korea.
⭐ A gradual reopening at one of Brazil's largest exchanges is a key test of user confidence after a string of major hacks hitting centralized platforms.
#MercadoBitcoin #Brazil #Hack #CryptoSecurity
Brazilian exchange Mercado Bitcoin will resume deposits and withdrawals in Brazilian reais via the Pix instant payment system next week, a company representative said. The restart comes more than 15 days after an attack drained an estimated $49 million from wallets linked to the exchange.
Customers will only be able to withdraw to accounts in their own name, while crypto deposits and withdrawals remain suspended with no date set for their return. The exchange began restoring read-only account access on Monday.
The Nov. 2 attack came just four days after hackers stole about $6.3 billion from Binance's hot wallets in a separate breach the FBI attributed to North Korea.
⭐ A gradual reopening at one of Brazil's largest exchanges is a key test of user confidence after a string of major hacks hitting centralized platforms.
#MercadoBitcoin #Brazil #Hack #CryptoSecurity
