Mercado Bitcoin halts withdrawals after $40 million drained

CoinDesk reports that Brazil's Mercado Bitcoin has paused deposits and withdrawals. This follows the draining of wallets across at least 10 chains, to...

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

CoinDesk reports that Brazil's Mercado Bitcoin has paused deposits and withdrawals. This follows the draining of wallets across at least 10 chains, totaling $40 million. The incident occurred shortly after the $6.3 billion hack of Binance, raising concerns about security in the crypto space.

AI-assisted source briefing. Based on the CoinDesk report; not independently verified.

Source published: Mon, 02 Nov 2026 15:53:29 +0000

[Read the original report](https://www.coindesk.com/business/2026/11/02/brazil-s-mercado-bitcoin-halts-withdrawals-after-usd40-million-drained-across-10-chains)

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