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Mercado Bitcoin to resume cash withdrawals after hack

Mercado Bitcoin plans to resume Brazilian real deposits and withdrawals through Pix, a company representative told Cointelegraph. The restart is planned for more than 15 days after a Nov. 2 attack drained an estimated $49 million from wallets linked to the exchange. Customers will be able to withdraw only to accounts in their own name. Crypto deposits and withdrawals remain suspended, with no date set for their return.

The exchange has restored read-only account access for some customers. The representative said further services would return gradually, but Mercado Bitcoin has not published a rollout schedule on its website.

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