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Mercado Bitcoin Suspends Withdrawals After Security Breach

Mercado Bitcoin, a Brazilian cryptocurrency exchange, suspended deposits and withdrawals on November 2 after detecting a security incident affecting one of its systems. The exchange has not disclosed how the attacker gained access, but Tether has frozen $4.5 million in USDT connected to the incident. The exchange is investigating the incident and cooperating with authorities, but has not identified any customer losses or data breach.

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