From TokenPost · · 40s
Mercado Bitcoin Restores Read-Only Access
Mercado Bitcoin lets users check balances but not withdraw funds after $49m attack.
In brief
Mercado Bitcoin lets users check balances but not withdraw funds after $49m attack. Mercado Bitcoin restored read-only account access for customers after a $49 million attack, with withdrawals still unscheduled. Originally reported by TokenPost.
Mercado Bitcoin
Mercado Bitcoin, a Brazilian cryptocurrency exchange, began restoring read-only access to customer accounts in stages on Monday after an attack that moved about $49 million in assets.
Withdrawals Still Unscheduled
The exchange has not explained how the attacker gained wallet access. Security analysts described the asset movements as ordinary transfers, rather than an exploit of a smart contract.
Account Verification Required
Before transfers resume in the next phase, users will have to confirm their account registration details.
What it means
Mercado Bitcoin restored read-only account access for customers after a $49 million attack, with withdrawals still unscheduled.
