Other● Neutral

Brazil's Mercado Bitcoin halts deposits and withdrawals after security incident

TradingGain Newsroom·1h ago·02 Nov 2026, 16:09 UTC

Mercado Bitcoin, Brazil's largest crypto exchange, has frozen deposits and withdrawals while a security incident is still ongoing. Losses are estimated near $40 million, though the exchange says customers did not lose funds. For traders, the freeze is a reminder that exchange security problems can disrupt access to funds and hit sentiment.

BTCAt the time of writing, Bitcoin traded at $77,372 (-0.77% in 24h).Live price →

Why it matters

Deposits and withdrawals are frozen, so customers cannot move funds on the exchange for now.
The exchange says customers suffered no losses, but losses are estimated near $40 million.
Mercado Bitcoin has not said how much was taken or when it will reopen.

What to watch next

Watch for any update from Mercado Bitcoin on how much was taken and when deposits and withdrawals will reopen.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by Bitcoin Magazine.Read original ↗

Brazil's Mercado Bitcoin halts deposits and withdrawals after security incident — Story card · share it on your status or channel⬇ Download image

More stories

All news →

43m ago

Other▼ Bearish

Mercado Bitcoin Pauses Transfers After $40M Hack; Tether Freezes 4.5M USDT

Mercado Bitcoin, one of Brazil's biggest crypto exchanges, has paused deposits and withdrawals following a security incident. Tether has frozen more than 4.5 million USDT linked to the attack. The event may shake confidence in exchange safety and in stablecoin transfers tied to hacked funds.

BTCDecrypt ↗

1h ago

Other▼ Bearish

Mercado Bitcoin pauses deposits and withdrawals after $40M drained from wallets

Brazilian exchange Mercado Bitcoin has paused deposits and withdrawals after wallets on at least 10 blockchains were emptied, with about $40 million taken. The incident came only days after the $6.3 billion Binance hack. For traders, it is a fresh reminder that exchange security problems can hit confidence across the crypto market.

BTCCoinDesk ↗

2h ago

Other● Neutral● Important

Binance Restores Withdrawals After $6.3B North Korea Hack

Binance has reopened withdrawals after a $6.3 billion hack linked to North Korea. The exchange says it has covered 95% of the losses and holds reserves for the remaining 5%. Post-mortem reviews will stay open, so traders may want to follow updates closely.

BTCBitcoin Magazine ↗

2h ago

Bitcoin● Neutral

Bitwise's Dragosch sees $197K Bitcoin fair value, flags Fed shifts and recession risk

Bitwise analyst André Dragosch laid out a model fair value of $197,000 for Bitcoin and described it as a liquidity canary. He also discussed Fed policy shifts, recession risks, and money moving out of precious metals. These themes can shape how traders read Bitcoin's direction and the broader macro backdrop.

BTCBitcoin Magazine ↗

2h ago

Bitcoin● Neutral

Adam Back Says Pension Funds Could Be Bitcoin's Next Wave of Adoption

Adam Back argues that pension funds, managed funds and model portfolios will be Bitcoin's third wave of adoption, and that this wave has not arrived yet. He also says Swiss banks are already preparing for it. For traders, this is a view on possible future institutional demand rather than a confirmed market event.

BTCBitcoin Magazine ↗

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.