---
title: "Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains"
url: https://thecoingazette.com/brazils-mercado-bitcoin-halts-withdrawals-after-40-million-drained-across-10-chains/
date: 2026-11-02
modified: 2026-11-02
lang: en
author: "Coin Gazette Editorial"
description: "The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 23
---

# Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains

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