Mercado Bitcoin plans view-only reopening on Nov. 9 after hack
Mercado Bitcoin sets Nov. 9 for limited return after hack
Mercado Bitcoin, a crypto exchange, said it plans to reopen on a view-only basis on Nov. 9 after a hack. A crypto exchange is an online platform where users buy, sell and hold digital assets.
The exchange said it will use company funds to replace affected assets. Withdrawals and trading will still wait for security clearance.
Main points on the reopening plan
- The planned reopening date is Nov. 9.
- Access will be view-only at first.
- The exchange says it will cover affected assets with company funds.
- Withdrawals and trading will not resume until security clearance is given.
What the exchange has confirmed
Mercado Bitcoin has confirmed the Nov. 9 plan for a view-only reopening. It has also confirmed its plan to use company funds for affected assets.
Details not given in the report
The report does not give the size of the losses. It does not explain how the hack happened. It also does not give a date for when withdrawals or trading will restart.
What happens on Nov. 9
On Nov. 9, the exchange plans to let users back in on a view-only basis. Full trading and withdrawals remain on hold until security clearance is received.
The Defiant report on the plan
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.
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