Mercado Bitcoin to resume cash withdrawals after hack
In short
Mercado Bitcoin will start cash deposits and withdrawals again next week through Brazil’s instant payment system. This follows a $49 million hack. Crypto transfers will still be paused.
The change means customers can use the platform for cash movement again, even though crypto transfers remain blocked for now.
What the reporting says
Mercado Bitcoin will resume cash deposits and withdrawals next week through Brazil’s instant payment system after a $49 million hack. The platform said crypto transfers will remain suspended as it restores services. The move gives customers back access to cash movement, while digital-asset transfers stay restricted for now.
Why it matters
Mercado Bitcoin plans to restart cash deposits and withdrawals next week using Brazil’s instant payment system after a $49 million hack. The syndicated summary says crypto transfers will remain suspended. The update points to a partial restoration of services for customers, with cash movement returning before crypto transfer functionality.