Binance says phase one of withdrawals opens after $6.3B hack

Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million Brazil’s largest crypto exchange Mercado Bitcoin says customers suffered no losses, but it has not said how much was taken or when it will reopen. This post Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.

The flaw was patched in April, but a malicious announcement already saved on an affected node needs separate removal. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Nearly 70% of the companies initially picked for trading have opted out, while 19 firms including Apple, Tesla and Amazon have no disclosed objection as the 30-day response window nears its end.