Evening wrap · November 2, 2026
Mercado Bitcoin Halts Withdrawals Amid Security Intrusion
Mercado Bitcoin suspended platform transactions following a potential network intrusion, as the digital asset industry continues to absorb the fallout from major late-October security incidents.
- 1
Mercado Bitcoin Halts Withdrawals After $40 Million Breach Warning
Mercado Bitcoin paused transactions on Nov. 2 after detecting a security intrusion, with Hypernative flagging over $40 million in suspicious network transfers [1]. Tether also froze more than 4.5 million $USDT linked to the suspicious wallet addresses [1].
- 2
Perpetrators of $6.3 Billion Binance Exploit Swap Solana for Bitcoin
Attackers moved 486,970 $SOL, valued at $46.4 million, to exchange for $BTC using the Relay cross-chain bridge [2]. Tether and Circle froze approximately $3 billion in assets, though an estimated $3.5 billion remains controlled by the hackers [2].
- 3
Chainalysis Discloses Data Exposure Involving Agentic Intrusion
Chainalysis reported an October breach where an external actor accessed customer names, emails, and user IDs [7]. The blockchain analytics firm stated that investigative graphs and case notes remained uncompromised during the incident [7].
- 4
Bitcoin Monthly Returns Decline as October Seasonality Fades
Bitcoin recorded a 7.3% drop in October 2026, breaking historical seasonal trading patterns [4]. Spot exchange-traded funds for Bitcoin and $ETH saw net monthly outflows of $515 million and $1.61 billion, respectively [4].
Numbers
Bitcoin trades at $76,625 with a 60.0% market dominance, while total crypto market capitalization sits at $2.56 trillion amid a Fear & Greed index reading of 37.
Watch
Mercado Bitcoin's expected technical post-mortem and timeline for withdrawal restoration [1]. · November institutional exchange-traded fund flow tallies and interest rate policy indicators [4].
Full text
Mercado Bitcoin suspended platform transactions following a potential network intrusion, as the digital asset industry continues to absorb the fallout from major late-October security incidents.
Mercado Bitcoin Halts Withdrawals After $40 Million Breach Warning Mercado Bitcoin paused transactions on Nov. 2 after detecting a security intrusion, with Hypernative flagging over $40 million in suspicious network transfers [1]. Tether also froze more than 4.5 million $USDT linked to the suspicious wallet addresses [1].
Perpetrators of $6.3 Billion Binance Exploit Swap Solana for Bitcoin Attackers moved 486,970 $SOL, valued at $46.4 million, to exchange for $BTC using the Relay cross-chain bridge [2]. Tether and Circle froze approximately $3 billion in assets, though an estimated $3.5 billion remains controlled by the hackers [2].
Chainalysis Discloses Data Exposure Involving Agentic Intrusion Chainalysis reported an October breach where an external actor accessed customer names, emails, and user IDs [7]. The blockchain analytics firm stated that investigative graphs and case notes remained uncompromised during the incident [7].
Bitcoin Monthly Returns Decline as October Seasonality Fades Bitcoin recorded a 7.3% drop in October 2026, breaking historical seasonal trading patterns [4]. Spot exchange-traded funds for Bitcoin and $ETH saw net monthly outflows of $515 million and $1.61 billion, respectively [4].
Numbers Bitcoin trades at $76,625 with a 60.0% market dominance, while total crypto market capitalization sits at $2.56 trillion amid a Fear & Greed index reading of 37.
Watch
- Mercado Bitcoin's expected technical post-mortem and timeline for withdrawal restoration [1].
- November institutional exchange-traded fund flow tallies and interest rate policy indicators [4].
Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.