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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. 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. 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. 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. 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.

  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].

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.