Key Facts

  • Mercado Bitcoin said on Tuesday that assets affected by its Nov. 2 security incident total the equivalent of $36.3 million at current prices, and that $12.9 million has been blocked.

  • The Brazilian exchange said its platform remains paused until it is certain resuming is safe, and that it plans to restore services gradually as each one passes security checks.

  • Chainalysis, which helped coordinate freezes, estimated the theft at about $49 million across 17 blockchains.

Mercado Bitcoin said on Tuesday that assets affected by its Nov. 2 security incident total the equivalent of $36.3 million at current prices, and that $12.9 million has been blocked.

The Brazilian exchange said its platform remains paused until it is certain resuming is safe, and that it plans to restore services gradually as each one passes security checks.

Chainalysis, which helped coordinate freezes, estimated the theft at about $49 million across 17 blockchains.

Brazilian crypto exchange Mercado Bitcoin said its platform will stay paused until it is safe to resume, after a security incident that affected the equivalent of $36.3 million in assets at current prices, of which $12.9 million has been blocked.

The exchange repeated its pledge that customers will not lose assets, saying their balances remain recorded in their accounts.

What Mercado Bitcoin Said on Tuesday

The exchange said it paused the platform as a protective measure after identifying the incident on Nov. 2, which is why its app is unavailable. Users do not need to reinstall the app or change devices, it said.

How the Loss Estimates Compare