Mercado Bitcoin Restores Read-Only Access One Week After $49M Attack Loss on November 2

According to Bitcoin News, Brazil-based exchange Mercado Bitcoin restored read-only account access on November 9, one week after suffering a loss estimated at $49 million in an attack on November 2. Users can view account balances as of the attack date, but withdrawals remain unavailable, with no timeline disclosed for their resumption. The exchange, which serves 4.8 million customers, said it will absorb the full loss using company funds.

Once withdrawal functionality resumes, transfers will only be processed through Pix and require users to re-verify information; funds can only be sent to accounts registered in their names.

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