Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack

Crypto Insight Summary: Brazil's largest crypto exchange paused deposits and withdrawals after a security incident. Tether froze more than 4.5 million USDT tied to the attack. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: The localized exchange hack may briefly trigger risk aversion, but its effect on the broader crypto market is limited.