Mercado Bitcoin Keeps Withdrawals Suspended, Identifies Incident Wallets

Mercado Bitcoin, one of Brazil's largest cryptocurrency exchanges, said withdrawals remain suspended as it continues to identify destination wallets linked to an incident involving bitcoin, ether and other assets, while stressing that customer funds suffered no losses. The exchange's latest disclosure ties the disruption to specific receiving wallets rather than a platform-wide compromise, though it has not disclosed the total value of assets affected or a timeline for restoring services. The suspension affects users of one of Latin America's most prominent trading venues, which serves millions of Brazilian retail customers, making the incident notable for regional crypto market confidence. The company has not said whether the affected wallets belong to external services, exploits, or internal errors, leaving open questions about the root cause. Traders and counterparties are watching for the resumption of withdrawals, further wallet disclosures, and any regulatory response from Brazilian authorities.