Mercado Bitcoin Starts Phased Reopening After $49M Hack, Withdrawals Stay Frozen

Brazilian crypto exchange Mercado Bitcoin has opened back up, though slowly, one week since it was taken offline due to a massive security breach. Balance and investment position checks are now available, but there is still no movement and trading available. Mercado Bitcoin did not state a specific time for full access to withdrawals. On Nov. 9, Mercado Bitcoin resumed the operation of websites, and users can now see their account balances, transaction history, investments, and portfolio details. This exchange statement characterizes this exchange as the first phase of the recovery plan.