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Mercado Bitcoin Begins Reopening After Hack but Withdrawals Remain Suspended
(3 hours ago) · 1 source · Summarized by CryptoBipto
Mercado Bitcoin, a major Brazilian cryptocurrency exchange, has started reopening its platform following a hack but has not provided a timeline for when customer withdrawals will resume. The exchange has reportedly begun restoring some services while keeping withdrawal functionality suspended.
WHY IT MATTERS
When you store cryptocurrency on an exchange, you are trusting that company to keep your funds safe — similar to keeping money in a bank.
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SOURCES
- cointelegraph.com
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