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Nov 2, 2026

Mercado Bitcoin suspends withdrawals after $40 million hack across multiple blockchains

Brazil's largest cryptocurrency exchange halted deposits and withdrawals following a security incident that drained wallets across at least ten blockchains. The exchange says customers suffered no losses, though blockchain investigators estimate $40-46 million in outflows.

Nov 2, 2026·4 sources
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Top claims

  • ▪Mercado Bitcoin stated in a Portuguese-language release on November 2, 2026, that no customer funds were lost and no user data was leaked during the security incident involving a hack on its hot wallets
  • ▪Mercado Bitcoin has not confirmed the estimated $40 million loss figure or disclosed how attackers accessed its systems during the November 2, 2026 hack on its hot wallets
  • ▪The Mercado Bitcoin exploit occurred days after a separate cyberattack stole over $6 billion from cryptocurrency exchange Binance, which the FBI attributed to North Korea's TraderTraitor group

Topics

Exchange & custodial failuresStablecoinsCrypto hacksCrypto exchangesHot wallet compromiseCrypto security

Related entities

StellarMercado BitcoinNorth KoreaBrazilUSDT