COINTELEGRAPH · 2026-11-09 18:31 UTC

Mercado Bitcoin begins post-hack reopening without a timeline for withdrawals

Mercado Bitcoin began restoring read-only access to customer accounts in phases on Monday, a week after attackers drained an estimated $49 million from the platform. The exchange has not said when customers will be able to withdraw funds; read-only access shows holdings as of Nov. 2, the day of the hack. The exchange says it is using its own funds, including a $20 million Tether investment from July, to replace the stolen assets and says customers will not bear the losses.

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