Mercado Bitcoin reportedly restores read-only access after about $49 million attack

Bitcoin News reported that Brazil's Mercado Bitcoin exchange restored read-only account access one week after an attack caused estimated losses of about $49 million. Customers can check balances recorded on November 2, when the attack occurred. Withdrawals remain unavailable, and Mercado Bitcoin has given no date for restarting withdrawals.

Mercado Bitcoin said the exchange serves 4.8 million customers. Mercado Bitcoin pledged to use company funds to cover all losses. Mercado Bitcoin has not explained how the attackers accessed the exchange's wallets.

Withdrawals will use Pix exclusively when withdrawals restart. Customers will have to confirm their information again. Customers will be permitted to send withdrawals only to accounts registered in their own names.