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Mercado Bitcoin Announces Phased Reopening and Pledges to Cover User Losses

(3 hours ago) · 1 source · Summarized by CryptoBipto

Mercado Bitcoin, a major Brazilian cryptocurrency exchange, has announced that it will begin a phased reopening starting Monday. The exchange has also pledged to cover losses incurred by users, though specific details about the nature and scale of the incident that prompted the closure have not been fully confirmed.

WHY IT MATTERS

A cryptocurrency exchange is like a digital marketplace where people buy, sell, and store cryptocurrencies.

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SOURCES

  • cointelegraph.com

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