Mercado Bitcoin Says It Will Cover $38 Million in Customer Losses After Hack
Photo: CoinCentral
TLDR Mercado Bitcoin says about $38 million was lost in a hack on November 2, 2026. The exchange says customers will not lose assets and that it will cover the losses. Hot wallets on at least 10 blockchains were drained. Tether, Circle, Paxos, BRL1 and Chainalysis helped block $11 million. Deposits, withdrawals and platform access remain suspended with no reopening date. Brazilian crypto exchange Mercado Bitcoin said on November 2, 2026, that it suffered a security incident involving about $38 million in digital assets. The company is one of the largest crypto platforms in Latin America.
Also reported by Bitcoin.com News, The Defiant, Protos.
Source: CoinCentral
