Brazilian crypto exchange Mercado Bitcoin began restoring read-only account access in phases on Monday, according to an Odaily report citing Cointelegraph. Users could view balances and holdings as of November 2, but the exchange had not announced when withdrawals would resume.
The report was published on November 10, 2026, at 02:43:42 UTC+8, following an attack in which approximately $49 million in assets was transferred out of the platform.
What users could access
The phased reopening allowed users to inspect their accounts, not move funds. In the next phase, users would need to confirm their registered account information before transferring funds.
Mercado Bitcoin planned to restore Pix withdrawals first, with transfers restricted to accounts held in the user’s own name. No timetable had been announced.
What remained unclear about the attack
Fabricio Tota said almost all assets were unaffected by the incident. Some stolen funds were frozen within hours of the exchange announcing the attack.
Security analysts said the attackers moved funds through ordinary transfers rather than exploiting a smart-contract vulnerability. Mercado Bitcoin had not explained how the attackers obtained access to its wallets.
For users, the distinction was important: restored visibility into an account did not yet mean restored access to withdrawals.
Source: Odaily, citing Cointelegraph.