Mercado Bitcoin, a crypto exchange in Brazil, plans to let customers move Brazilian reais in and out again starting next week. This comes after a hack that cost $49M. A company representative gave Cointelegraph the timeline, and the report was published on Nov 10, 2026.
The reopening covers only cash. Deposits and withdrawals in reais will run through Pix, Brazil's instant payment system. Customers still cannot send crypto to or from the exchange, because crypto transfers remain suspended.
Several questions are still open. The report does not say who carried out the hack, how it happened, whether customer funds were lost, or when crypto transfers will restart.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. Mercado Bitcoin is not one of the venues this site tracks, and the report says nothing about funding rates, trading fees or liquidity on those exchanges.
Source: cointelegraph — Mercado Bitcoin to resume cash withdrawals after $49M hack
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