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37 Fear

Mercado Bitcoin suspends deposits and withdrawals after security incident

Mercado Bitcoin suspends deposits and withdrawals after security incident Image: Crypto.news
Image via Crypto.news.

Brazil's largest crypto exchange, Mercado Bitcoin, halted deposits and withdrawals on November 2 after detecting a security incident. The company said no customer funds were lost and no data was breached. Teams are investigating the issue and coordinating with authorities, but have not announced when services will resume.

Key points

  1. Mercado Bitcoin temporarily stopped deposits and withdrawals after a security incident was detected.
  2. The exchange reported that customers suffered no loss of funds and no personal data was exposed.
  3. Security teams are investigating the incident and working with authorities, with no resumption date given.

Why it matters

Users cannot move crypto in or out of the platform until the issue is resolved, affecting liquidity and confidence in the exchange's security measures.

What's unclear

The specific system that was compromised has not been disclosed.
It is unclear whether any assets were stolen during the incident.

Price context · BTC

At publication
$77,782.00
Now
$77,877.00
Change since
+0.12%
7 days · dashed line = publication

Sources · 3 publishers

Crypto Briefing Tier 2 First report
Brazil’s top exchange Mercado Bitcoin freezes deposits and withdrawals after security incident
Crypto.news Tier 2
Brazil’s Mercado Bitcoin reports security incident, freezes withdrawals
The Defiant Tier 1
Mercado Bitcoin Keeps Withdrawals Suspended, Identifies Incident Wallets

Coverage timeline

  1. First reported by Crypto Briefing
  2. Also reported by Crypto.news
  3. CryptoVideos brief published
  4. 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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