Mercado Bitcoin Suffers $40M Hack, Suspends Services
Brazil's largest crypto exchange confirms a cyberattack and halts operations amid $40M losses.
Brazil's largest crypto exchange confirms a cyberattack and halts operations amid $40M losses. Bitcoin (BTC) is trading at ₹73,18,214 ($76,967.00), down 0.7% since this brief published. This is an original Token Times brief synthesising 5 outlets (BeInCrypto, The Cryptonomist, Decrypt, and others), with their figures cross-checked, plus live market data, as of Mon, 02 Nov 2026 17:45:02 UTC.
The hack on Brazil's largest crypto exchange raises concerns about platform security and customer trust in Latin America's crypto market. The incident comes on the heels of the record-breaking $6B Binance hack, highlighting ongoing cybersecurity challenges in the industry.
- Over $40M in suspicious transfers flagged after Mercado Bitcoin cyberattack ↗
- Brazil’s Largest Crypto Exchange Mercado Bitcoin Hit by Possible $40M Hack ↗
- 6.7 Million Stellar (XLM) Stolen in Massive $40 Million Mercado Bitcoin Breach ↗
- Mercado Bitcoin Suspends Deposits and Withdrawals After $40M Multi-Chain Drain ↗
- Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack ↗
- Mercado Bitcoin confirms cyberattack and suspends deposits/withdrawals.
- Estimated losses of $40M according to blockchain security firm Hypernative.
- Exchange claims customer funds and data remain secure.
- Incident follows recent $6B Binance hack, underscoring crypto security risks.
BeInCrypto and The Cryptonomist both report that Mercado Bitcoin suffered a cyberattack on November 2, 2026, resulting in the suspension of deposits and withdrawals. Both outlets cite blockchain security firm Hypernative's estimate of $40 million in losses from the exchange's wallets. However, The Cryptonomist emphasizes the exchange's claim that customer funds and data remain secure, a detail not explicitly highlighted by BeInCrypto.
- Binance Suffers Record $6.3 Billion Crypto Hack Amid Market Downturn
- Mercado Bitcoin Suffers $40M Hack, Suspends Services — this brief
Mercado 
Bitcoin (MB), Brazil's largest cryptocurrency exchange, has confirmed a cyberattack that prompted the temporary suspension of deposits and withdrawals. The incident was acknowledged on November 2, 2026, with the exchange stating it had quickly contained the breach.
Blockchain security firm Hypernative has estimated the losses from the hack at $40 million, according to reports from both BeInCrypto and The Cryptonomist. This figure represents a significant loss for the exchange, though it is notably smaller than the recent $6 billion hack on Binance.
While the exchange has confirmed the attack, it has reassured customers that their funds and personal data remain secure. This is a critical point for maintaining trust in the platform, especially given the sensitive nature of crypto transactions.
The incident comes just days after the record-breaking $6 billion hack on Binance, underscoring the ongoing cybersecurity challenges faced by crypto exchanges. The timing of the Mercado Bitcoin hack raises concerns about the broader security landscape in the crypto industry.
In the current market context, Bitcoin is trading at $77,488 with a 24-hour decrease of 0.56%, while the total crypto market cap stands at $2.67 trillion. The Fear & Greed Index remains at 37, indicating a 'Fear' sentiment among investors.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹73,67,752.30$77,488.00 to ₹73,18,214.32$76,967.00 — -0.67%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $80,000 in November?
Crowd-implied probability on Polymarket, ₹30.88M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 2 16:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.08M (about $76,967.00), down 1.4% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Mercado Bitcoin Suffers $40M Hack, Suspends Services — questions & answers
How much was stolen in the Mercado Bitcoin hack?
Blockchain security firm Hypernative estimates the losses at $40 million.
Has Mercado Bitcoin reassured customers about their funds?
Yes, the exchange claims customer funds and data remain secure despite the attack.
What is the broader market impact of this hack?
The incident follows the recent Binance hack, highlighting ongoing cybersecurity challenges in the crypto industry.
How much is 1 Bitcoin worth in rupee today?
About ₹8.08M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $76,967.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.67% since this brief first published — trading at ₹73,18,214 ($76,967.00) now versus ₹73,67,752 ($77,488.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from BeInCrypto, The Cryptonomist, Decrypt, Crypto Economy, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.