Nubank Suspends Crypto Deposits, Withdrawals in Brazil Over Provider Issue

Bloomberg · Matheus Piovesana ·

Nu Holdings Ltd. temporarily suspended cryptocurrency deposits and withdrawals in Brazil because of a problem with an external provider, a week after hackers stole $6.3 billion from Binance Holdings Ltd.

Nubank Halts Some Crypto Transactions, Citing Snag With Provider

Nu Holdings Ltd. temporarily suspended cryptocurrency deposits and withdrawals in Brazil because of a problem with an external provider, a week after hackers stole $6.3 billion from Binance Holdings Ltd.

“All assets and information remain protected,” the company said Friday in a statement that didn’t identify the business partner. The issue isn’t related to the firm’s “infrastructure and does not compromise customer security.”

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