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Bitcoin

Mercado Bitcoin Says It Will Cover $38M Hack Losses

Mercado Bitcoin, Brazil’s largest crypto exchange, says its customers will not pay for the hack it suffered on Monday, 2 November. The exchange said the losses are its own responsibility. It

AnonymousCryptoCompass newsroom
November 3, 2026
1 min read
NEWS
Mercado Bitcoin Says It Will Cover $38M Hack Losses
CryptoCompass editorial visual for bitcoin coverage.

Mercado Bitcoin, Brazil’s largest crypto exchange, says its customers will not pay for the hack it suffered on Monday, 2 November.

The exchange said the losses are its own responsibility. It had not set out how or when it will cover them at the time of writing.

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