brazilian

#Brazilian #Banking Heist Linked to Cryptocurrency

🚨 Brazilian Banking Heist Linked to Cryptocurrency! Hackers allegedly stole $140M from Brazil's Central Bank service provider, laundering $30-$40M using crypto. This reflects a rising trend: $2.5 billion lost to crypto scams in 2025's first half.

What measures should be implemented to combat such fraud in the crypto world?

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#Brazilian Banks Signal Institutional Confidence in #Bitcoin 🚀

Brazil’s biggest private bank, Itaú Unibanco, has suggested a 1–3% Bitcoin allocation for client portfolios, highlighting $BTC as a diversification tool and hedge against currency risk. This move signals growing institutional acceptance, especially as Itaú expands its crypto trading and custody services.

Currently, $BTC trades near $88,970, with market dominance at 58.78% and solid liquidity across exchanges. Short-term technicals show mixed to slightly bearish momentum, and market sentiment remains in Fear. However, institutional recommendations like this often surface during consolidation phases rather than euphoria.

With Brazil’s crypto regulatory framework expected to mature by 2026, traditional finance involvement is steadily rising. For long-term investors, developments like this underscore Bitcoin’s role as a strategic asset, even amid short-term uncertainty.

🇧🇷 LATEST: #Brazilian crypto Ponzi scheme #Braiscompany's operators sentenced to over 128 years for defrauding 20,000+ investors; losses estimated at $190M.

#Cryptoponzischeme #Braiscompany
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