Mercado Bitcoin lets users access accounts after $48.6 million hack, trading halted

Mercado Bitcoin , the largest cryptocurrency exchange in Brazil, allowed customers to log back into their accounts on Monday, following a $48.6 million security breach that hit its wallets a week prior. Starting from 16:00 local time, Mercado Bitcoin reopened its web logins, enabling users to view account balances, portfolio value, and investment breakdowns by asset and category. By 18:00, all customer accounts were accessible for balance checking. Despite restored login capability, all trading, deposits, withdrawals, transfers, and new account registrations remain temporarily unavailable. API access, MB card functions, and financial services such as Pix and TED payments are still on hold. The exchange is taking a phased approach to relaunching its operations. Each phase will be subject to additional security verifications before more services are brought back online.

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