Mercado Bitcoin Halts Withdrawals After $46M Theft Reports

Mercado Bitcoin suspended deposits and withdrawals on November 2 following a reported security breach. Blockchain security firm Hypernative estimated suspicious transfers exceeding $40 million across at least 10 networks. Arkham Intelligence analyst Emmett Gallic traced more than $46 million in transfers linked to the incident. Mercado Bitcoin stated customer funds remained unaffected.