Hackers who breached Brazilian exchange Mercado Bitcoin converted over $10.55 million of stolen tokens into Ether to avoid freezing by stablecoin issuers. They swapped more than 136 different tokens between November 3-4, consolidating their loot into a liquid asset. An attempted $650,000 transfer to Bitcoin via a bridge failed, leaving some funds stuck. Mercado Bitcoin estimates losses around $38 million and plans to refund users, while stablecoin issuers froze over $11 million tied to the hack. The key focus now is on recovery efforts and how the stolen Ether will be handled next.
Mercado Bitcoin hackers are the story subject, with Pluang market data providing context. As of Nov 04, 2026 20:22 WIB, 28 of 50 major cryptocurrencies rose and 20 fell on Pluang. Notable movers include CRV at Rp4.877 (+2.54%), EGLD at Rp62.306 (+2.31%), and GRT at Rp363 (+2.28%).
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