Mercado Bitcoin Hacked and to Bear the Losses
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AI-assisted source synthesis · not an independent investigation.
On November 3, 2026, Brazilian cryptocurrency broker Mercado Bitcoin suffered a hack targeting its hot wallet. The company said the incident had been quickly contained, that it would bear the resulting losses, and that customer data had not been leaked and was not expected to result in customer losses; it subsequently temporarily suspended app access. Later reports indicated that the company had suspended deposits and withdrawals, saying that customer funds and data were unaffected and that it would bear the losses itself. Regarding the amount of the losses, earlier reports put it at $40 million, while subsequent reports said external analysis estimated the losses had exceeded $40 million, and another analyst estimated them at more than $46 million; the company has not disclosed the exact amount or provided a timeline for the resumption of trading. Tether has frozen more than 4.5 million USDT. The company is currently investigating the incident, tracking the assets, and cooperating with relevant authorities and partners.
AI-written from reports · updated 5 hours ago
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- CryptopolitanMercado Bitcoin to bear $40M in hack losses, says customer funds are safe
Brazilian cryptocurrency exchange Mercado Bitcoin suspended deposits and withdrawals after its systems were breached, saying that customer funds and data were not affected and that it would bear the losses itself. External analyses say the losses have exceeded $40 million, while another analyst estimates they have surpassed $46 million; Tether has frozen more than 4.5 million USDT. Mercado Bitcoin has not yet disclosed the exact loss amount or a timeline for resuming trading.
- PYMNTSMercado Bitcoin to bear the $40 million loss from the latest cryptocurrency hack
Brazilian cryptocurrency broker Mercado Bitcoin will bear the $40 million loss caused by the attack. The incident targeted hot wallets, was quickly contained, and is not expected to cause customer losses. The company said no customer data was exposed and temporarily suspended App access; it is currently investigating the incident, tracking the assets, and coordinating with relevant institutions and partners.
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