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Mercado Bitcoin Suspends Withdrawals After Cyberattack

Hypernative flagged more than $40M in suspicious transfers across at least 10 blockchains, but the exchange has not confirmed losses.

Mercado Bitcoin Suspends Withdrawals After Cyberattack
Mercado Bitcoin Suspends Withdrawals After Cyberattack

Mercado Bitcoin confirmed on November 2 that one of its systems suffered a cyberattack. The exchange said the incident was contained, customers would not incur losses, and no customer data was leaked. Deposits and withdrawals are temporarily suspended as a precaution.

Why it matters

Hypernative's preliminary analysis identified more than $40 million in suspicious transfers across at least 10 blockchains. That estimate has not been confirmed by Mercado Bitcoin, and the attack method remains unknown.

Market impact

The incident puts a major Brazilian exchange's operations on hold while the investigation continues. Bitcoin, Ethereum, Solana and Tron were among the networks identified in Hypernative's analysis; the exchange's statements about customer losses and data remain distinct from the firm's estimate of suspicious transfers.

Related tokens
$BTC $ETH $SOL $TRX

Frequently asked questions

  1. Why did Mercado Bitcoin suspend deposits and withdrawals?

    The exchange temporarily suspended deposits and withdrawals as a precaution after confirming a cyberattack on one of its systems.

  2. How much in suspicious transfers did Hypernative identify?

    Hypernative's preliminary analysis identified more than $40 million in suspicious transfers across at least 10 blockchains.

  3. Has Mercado Bitcoin confirmed losses of more than $40 million?

    No. The figure is Hypernative's estimate of suspicious transfers, and Mercado Bitcoin has not confirmed those losses.

  4. What did Mercado Bitcoin say about customer losses and data?

    The exchange said customers would not incur losses and that no customer data had been leaked.

  5. Which blockchains were named in the preliminary analysis?

    The analysis included Bitcoin, Ethereum, Solana and Tron among at least 10 blockchains. The attack method remains unknown.

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