Nubank and Mercado Pago Pause Crypto Operations
Nubank and Mercado Pago halt crypto services after provider issues.
In brief
Nubank and Mercado Pago halt crypto services after provider issues. Nubank and Mercado Pago paused crypto deposits and withdrawals in Brazil due to third-party provider instability, with no customer security impact. Originally reported by Pymnts.
Crypto Services Paused
Nubank and Mercado Pago paused crypto deposits and withdrawals in Brazil due to third-party provider issues.
Security Claims
Nubank stated all assets and information remain protected, with no infrastructure compromise or customer security risk.
Impact on Users
Nubank did not specify how many of its 120 million Brazilian customers were affected by the suspension.
Mercado Pago Actions
Mercado Pago blocked external crypto transfers as a precaution after identifying instability in asset transfers.
At a glance
Nubank and Mercado Pago paused crypto deposits and withdrawals in Brazil due to third-party provider instability, with no customer security impact.
