Mercado Bitcoin Halts Withdrawals After $46M Theft Reports

TLDR Mercado Bitcoin suspended deposits and withdrawals on November 2 following a reported security breach. Blockchain security firm Hypernative estimated suspicious transfers exceeding $40 million across at least 10 networks. Arkham Intelligence analyst Emmett Gallic reportedly traced more than $46 million in transfers linked to the incident. Mercado Bitcoin stated that customer funds remained unaffected and no personal information was exposed. Researchers tracked bitcoin, ether, solana, stellar and avalanche tokens moving into suspected attacker-controlled wallets. Brazilian cryptocurrency exchange Mercado Bitcoin suspended deposits and withdrawals on Monday, November 2, after investigators spotted suspicious transfers from wallets linked to the platform.