Mercado Bitcoin has resumed read-only access; withdrawal time is undetermined.

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Brazilian exchange Mercado Bitcoin has partially restored read-only access to user accounts, allowing users to view their balances and holdings up to November 2nd. This comes after attackers transferred approximately $49 million from the platform; the restoration timeline for withdrawal functionality has not yet been announced. Fabricio Tota stated that almost all assets were unaffected by the incident, with some stolen funds frozen within hours of the attack. Security analysts say the attackers transferred funds via regular transfers, not by exploiting smart contract vulnerabilities. Mercado Bitcoin has not yet explained how the attackers gained access to the wallets. Users must confirm their platform registration information before transferring funds. Mercado Bitcoin plans to first restore Pix withdrawals, and will only allow users to withdraw funds to accounts registered in their own name.

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