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Mercado Bitcoin to Resume Cash Withdrawals After $49 Million Hack
(2 hours ago) · 1 source · Summarized by CryptoBipto
Mercado Bitcoin, a major Brazilian cryptocurrency exchange, has announced it will resume cash withdrawals following a $49 million hack. The exchange had paused withdrawals after the security breach as it worked to address the incident.
WHY IT MATTERS
When you use a cryptocurrency exchange, you are trusting that company to hold your money safely — similar to keeping money in a bank account.
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SOURCES
- cointelegraph.com
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