Mercado Bitcoin halts withdrawals after more than $46 million drained in attack

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Mercado Bitcoin has confirmed a cyberattack and suspended all deposits and withdrawals; according to Cointelegraph, more than $46 million flowed out. What is known about the attack path and the frozen funds, and how to shield your holdings from the fallout of an exchange hack.Add as a preferred source on GoogleFollow on Google NewsMercado Bitcoin, by its own account and according to the trade press Brazil's largest crypto exchange, confirmed a cyberattack on one of its systems on Monday, November 2, 2026, and suspended all deposits and withdrawals for the time being. According to reporting by Cointelegraph, crypto assets worth more than $46 million flowed out of the exchange's wallets. The exchange itself says its customers have suffered no harm. Anyone holding a balance at Mercado Bitcoin still cannot get at their money for now. For investors in Europe the case matters for a different reason: it is the second major attack on a centralised crypto exchange within a week. It shows...