Mercado Bitcoin Resumes Operations After Hack, No Withdrawal Timeline

Brazilian crypto exchange Mercado Bitcoin has begun rolling back access to customer accounts in a read-only mode following last week’s reported hack that drained an estimated $49 million. The company said it started restoring visibility for users in phases on Monday, with the goal of letting customers confirm their balances before withdrawals are turned back on. According to a spokesperson speaking to Cointelegraph , read-only access began at 19:00 UTC and was expected to be available for all accounts by 21:00 UTC. Customers will be able to view the state of their holdings as they were recorded on Nov.