Mercado Bitcoin partially restores access after $49 million breach, withdrawals pending

Mercado Bitcoin , one of Brazil’s largest cryptocurrency exchanges, has started restoring customer account access in a phased approach after a security breach resulted in an estimated $49 million loss. The company began enabling read-only access for users on Monday, allowing clients to view their digital asset balances as of November 2, the date the hack occurred. The phased reopening began at 19:00 UTC, with Mercado Bitcoin expecting all accounts to be accessible in view-only mode by 21:00 UTC.