Mercado Bitcoin to Resume Platform in Phases From Nov 9, Will Compensate With Own Funds

Cointime update: Brazilian crypto exchange Mercado Bitcoin said on Nov 5 that it will begin a phased restoration of its platform from Nov 9, starting with website access so users can view balances, statements, assets and investments. Transfers, withdrawals and trading will reopen module by module after final security verification. The exchange reiterated that customer assets will not suffer losses and that it will compensate affected assets with its own funds. Over $15 million in related assets has been frozen, up from $12.9 million previously, with cooperation from Tether, Circle, Paxos, BRL1, Chainalysis and crypto community experts.