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Nubank and Mercado Pago Pause Crypto Operations Following Provider Issues

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AI summary of the source article

Nubank and Mercado Pago have suspended some cryptocurrency operations due to issues with third-party providers. The move follows a reported $6.3 billion theft from Binance, while Nubank confirmed that all client assets and information remain protected.

Key facts

  • Nubank and Mercado Pago paused some crypto operations due to third-party provider issues.
  • The suspensions followed an Oct. 30 hack in which a record $6.3 billion was stolen from Binance.
  • Nubank stated that all assets and information remain protected.

Source excerpt · PYMNTS

Nubank and Mercado Pago paused some cryptocurrency operations due to issues with third-party providers, Bloomberg reported Friday (Nov. 6). The suspensions by the financial services firms came a week after hackers stole a record $6.3 billion from Binance Oct. 30. “All assets and information remain protected,” Nubank said Friday as it announced it had suspended […] The post Nubank and Mercado Pago…