Mercado Bitcoin Vows to Cover Customer Losses After Massive Hack
By Jamie Redman
Brazilian cryptocurrency exchange Mercado Bitcoin disclosed a major security incident on Nov. 2, 2026, involving approximately $38 million in digital assets. The attack presents a substantial financial and operational challenge for one of Latin America’s largest cryptocurrency platforms, with its response now drawing…
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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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