bitcoin · · 2 outlets
Mercado Bitcoin announces phased reopening Monday, covering losses while trading remains suspended
With withdrawals and trading remaining paused until security assessments are complete, Mercado Bitcoin has announced that a gradual resumption of services will commence on Monday.
The exchange has stated its intention to utilize corporate assets to compensate for assets that were impacted by the security breach. Initially, users will only have the ability to view their existing holdings.
This planned, limited reopening follows a recent hacking incident affecting the platform.
The measures being implemented by the exchange reflect a broader regulatory and operational response to cybersecurity vulnerabilities within the digital asset sector.
Earlier coverage
Reported by CoinTelegraph and thedefiant.io.
