Mercado Bitcoin to resume cash withdrawals after $49M hack

What happened: Mercado Bitcoin will resume deposits and withdrawals in Brazilian reais via Pix next week, more than 15 days after an attack drained an estimated $49 million from wallets linked to the exchange. Why it matters: Withdrawals are limited to accounts in the customer's own name, and the exchange will credit accounts with proceeds from settlement of fixed income products. Crypto deposits and withdrawals have no set return date, and the rollout will proceed gradually with advance notice through official channels.

Mercado Bitcoin will resume deposits and withdrawals in Brazilian reais via Pix next week, more than 15 days after an attack drained an estimated $49 million from wallets linked to the exchange.

Withdrawals are limited to accounts in the customer's own name, and the exchange will credit accounts with proceeds from settlement of fixed income products. Crypto deposits and withdrawals have no set return date, and the rollout will proceed gradually with advance notice through official channels.