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Mercado Bitcoin to resume cash withdrawals after $49M hack

By Cointelegraph by Isabelle Castro

Starting next week, customers can deposit and withdraw money through Brazil’s instant payment system. Crypto transfers remain suspended.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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