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Hacks & Exploits

Mercado Bitcoin to Resume Pix Withdrawals Following $49M Hack

Mercado Bitcoin will resume fiat deposits and withdrawals via Brazil's Pix system next week following a $49 million security incident, while crypto operations remain frozen.

Mercado Bitcoin to Resume Pix Withdrawals Following $49M Hack
Image: BullishMarketCap

Brazilian cryptocurrency exchange Mercado Bitcoin plans to reopen fiat deposits and withdrawals through the country's Pix instant payment system next week, following a $49 million hack.

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According to Cointelegraph, customers will be able to deposit and withdraw money using Pix starting next week. However, cryptocurrency trading and crypto asset transfers will remain suspended as the exchange works through the aftermath of the security breach.

Key facts

  • Mercado Bitcoin suffered a $49 million security hack.
  • Deposits and withdrawals via Brazil's Pix instant payment system will reopen next week.
  • Cryptocurrency trading and crypto asset transfers remain suspended.
Bitcoin#MercadoBitcoin#CryptoHack#Brazil

Source: cointelegraph.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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