Brazilian cryptocurrency exchange Mercado Bitcoin has frozen approximately $12.9 million in assets following a security incident, according to an update released on November 3. The total value of affected assets stands at roughly $36.3 million, with recovery and containment efforts ongoing. This figure represents an increase from the previously reported $11 million in frozen assets.
The exchange’s platform and mobile application remain suspended until a secure restoration is confirmed. Mercado Bitcoin assured users that customer assets are safeguarded and account balances continue to be recorded accurately despite the operational halt.
Mercado Bitcoin Freezes $12.9M in Assets Following Security Breach, Platform Remains Down
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