Update
Nubank and Mercadopago Suspend Crypto Withdrawals in Latam
Two of the largest fintech institutions in Latin America, Mercadopago and Nubank, announced disruptions in their crypto services on Friday afternoon. Both companies halted deposits and withdrawals of digital assets due to instability in an external data provider. Customers using the MercadoPago app encountered a message about the situation, with no timeline provided for resolution. Nubank also confirmed the issue, stating it had nothing to do with its internal infrastructure and did not compromise customer security. The incident did not involve a hack or attack on Paxos, the custody provider for both companies.